Trustee investment variation: trustees may recall and reinvest trust assets subject to income beneficiary's written consent. A trustee may call in trust property invested in securities and reinvest in the securities referred to in section 20, and may from time to time vary such investments, provided that if a person competent to contract is entitled to receive the income for life or a greater estate, no change of investment affecting that income may be made without that person's written consent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Trustee investment variation: trustees may recall and reinvest trust assets subject to income beneficiary's written consent.
A trustee may call in trust property invested in securities and reinvest in the securities referred to in section 20, and may from time to time vary such investments, provided that if a person competent to contract is entitled to receive the income for life or a greater estate, no change of investment affecting that income may be made without that person's written consent.
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