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Current as of January 01, 2023 | Updated by FindLaw Staff
(a) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
(b) A trustee who has resigned or been removed shall, within a reasonable time, deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it.
Cite this article: FindLaw.com - Mississippi Code Title 91. Trusts and Estates § 91-8-707 - last updated January 01, 2023 | https://codes.findlaw.com/ms/title-91-trusts-and-estates/ms-code-sect-91-8-707/
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.
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