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§ 7780.5. Powers of trustees - UTC 815

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 H. Duties and Powers of Trustee
Effective: November 6, 2006
20 Pa.C.S.A. § 7780.5
§ 7780.5. Powers of trustees - UTC 815
(a) Exercise of power.--Except as otherwise provided in the trust instrument or in other provisions of this title, a trustee has all the powers over the trust property that an unmarried competent owner has over individually owned property and may exercise those powers without court approval from the time of creation of the trust until final distribution of the assets of the trust.
(b) (Reserved).

Credits

2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].
20 Pa.C.S.A. § 7780.5, PA ST 20 Pa.C.S.A. § 7780.5
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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