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§ 7753. Trustee's duties; powers of withdrawal - UTC 603

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: November 6, 2006

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 77. Trusts (Refs & Annos)
Subchapter F. Revocable Trusts
Effective: November 6, 2006
20 Pa.C.S.A. § 7753
§ 7753. Trustee's duties; powers of withdrawal - UTC 603
Currentness
(a) Power of settlor.--Regardless of the legal capacity of the settlor, the rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor while a trust is revocable.
(b) Holder of power of withdrawal.--The holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power during the period the power may be exercised.

Credits

2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].
20 Pa.C.S.A. § 7753, PA ST 20 Pa.C.S.A. § 7753
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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