TRUSTEE APPOINTMENTS Sample Clauses

TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee, whether one or more. The Trustee shall have all powers as provided in this agreement and the laws of the State of California. The principal place of administration of this trust is the Trustors place of residence, regardless of the residence of the Trustee. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. The Trustee shall have all powers as provided in this agreement and the laws of the State of South Carolina. The principal place of administration of this trust is the Trustor’s place of residence, regardless of the residence of the Trustee. If multiple or Co-Trustees are appointed their exercise of powers shall be governed by South Carolina Code Section 62-7-703. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. The Trustee shall have all powers as provided in this agreement and the laws of the State of Massachusetts. The principal place of administration of this trust is the Trustors place of residence, regardless of the residence of the Trustee. If multiple or Co-Trustees are appointed their exercise of powers shall be governed by Code of Massachusetts, Title 18-A-Section 7-405. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non- judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee, whether one or more. The Trustee shall have all powers as provided in this agreement and the laws of the State of Wyoming. The principal place of administration of this trust is the Trustors place of residence, regardless of the residence of the Trustee. If multiple or Co-Trustees are appointed their exercise of powers shall be governed by Wyoming Statutes Title 4 Section 4-10-703. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. The Trustee shall have all powers as provided in this agreement and the laws of the State of Pennsylvania. The principal place of administration of this trust is the Trustor’s place of residence, regardless of the residence of the Trustee. Any power vested in three or more trustees may be exercised by a majority, but a trustee who has not joined in exercising a power is not liable to the beneficiaries or to others for the consequences of the exercise, and a dissenting trustee is not liable for the consequences of an act in which he or she joins at the direction of the majority of the trustees if the dissenting trustee expressed his or her dissent in writing to any of his or her co-trustees at or before the time of the joinder. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee, whether one or more. The Trustee shall have all powers as provided in this agreement and the laws of the State of Florida as stated in the Florida Code Sections 736.0815 and 736.0816. The principal place of administration of this trust is the Trustors place of residence, regardless of the residence of the Trustee. If multiple or Co- Trustees are appointed their exercise of powers shall be governed by Florida Code Section 736.0703. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non- judicial change in the trustee by amendment to this Trust agreement. See Section 736.0704.
AutoNDA by SimpleDocs
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee, whether one or more. The Trustee shall have all powers as provided in this agreement and the laws of the State of Colorado. The principal place of administration of this trust is the Trustors place of residence, regardless of the residence of the Trustee. Any power vested in three or more trustees may be exercised by a majority, but a trustee who has not joined in exercising a power is not liable to the beneficiaries or to others for the consequences of the exercise, and a dissenting trustee is not liable for the consequences of an act in which he or she joins at the direction of the majority of the trustees if the dissenting trustee expressed his or her dissent in writing to any of his or her co-trustees at or before the time of the joinder. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
TRUSTEE APPOINTMENTS. 1. In the event of the inability of the Settlor to serve as Trustee of this Trust during his lifetime, the Settlor names his children, XXXXXX XXXXXX, XXXXXX XXXXXXX, and XXXXXXX XXXXXX, together with XXXXX XXXXXX, as successor Co-Trustees.
TRUSTEE APPOINTMENTS. The Trustor, hereby appoints , the Trustor, as Trustee of this Trust. If the Trustor, is unable to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee. If neither the first or second Trustee are able to serve as Trustee for any reason, then the Trustor hereby appoints as Successor Trustee, whether one or more. The Trustee shall have all powers as provided in this agreement and the laws of the State of North Carolina. The principal place of administration of this trust is the Trustor’s place of residence, regardless of the residence of the Trustee. If multiple or Co-Trustees are appointed their exercise of powers shall be governed by North Carolina General Statutes Chapter 36C Section 36C-7-703. In the event a vacancy in the office of Trustee occurs and there is no successor trustee, the existing Trustee, if one, and the beneficiaries, or the beneficiaries, if there is no trustee, may agree to a non-judicial change in the trustee by amendment to this Trust agreement.
Time is Money Join Law Insider Premium to draft better contracts faster.