(a) In addition to the methods of termination prescribed by sections 554D-411 through 554D-414, a trust terminates to the extent the trust is revoked or expires pursuant to its
terms, no purpose of the trust remains to be achieved, or the purposes of the trust
have become unlawful, contrary to public policy, or impossible to achieve.
(b) A proceeding to approve or disapprove a proposed modification or termination under
sections 554D-411 through 554D-416, or trust combination or division under section 554D-417, may be commenced by a trustee or beneficiary, and a proceeding to approve or disapprove
a proposed modification or termination under section 554D-411 may be commenced by the settlor. The settlor of a charitable trust may maintain a proceeding to modify the trust
under section 554D-413.
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