If the trust terminates or is revoked, or if the trustee resigns or is removed, he shall preserve the trust property and deliver it without delay to those persons who are entitled to it. Until he delivers the property, the trustee shall retain the powers that are necessary to preserve and deliver it to those persons who are entitled to it.
R.S. 9:2069 active rs title
Winding-up duty and powers of trustee ACTIVE
Actions
References
None.
Cited by
History
- enactment Acts 1995, No. 358, §2