22-2-1 - Death of trustee -- Trust estate vests in successor.

22-2-1. Death of trustee -- Trust estate vests in successor.
Upon the death of a sole or surviving trustee of an express trust the trust estate does notdescend to his heirs or pass to his personal representatives, but shall by virtue hereof, upon theappointment and qualification of a successor to such trustee, become immediately vested in suchsuccessor in trust.

No Change Since 1953