Discharge of trustee: petition can be granted for sufficient reason and costs charged to trust property. A trustee may petition a principal civil court for discharge; if the court finds sufficient reason it may discharge the trustee and direct costs to be paid from the trust-property, but if there is no sufficient reason the court shall not discharge the trustee unless a proper person can be found to take his place.
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.
Discharge of trustee: petition can be granted for sufficient reason and costs charged to trust property.
A trustee may petition a principal civil court for discharge; if the court finds sufficient reason it may discharge the trustee and direct costs to be paid from the trust-property, but if there is no sufficient reason the court shall not discharge the trustee unless a proper person can be found to take his place.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.