Where there are two or more fiduciaries, a fiduciary may delegate to another fiduciary
the power to vote publicly traded securities, unless the instrument creating the estate
provides to the contrary. The delegating fiduciary shall not be personally liable for the manner in which
such securities are voted by the fiduciary to whom the power is delegated.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.