75-3-913 - Distributions to trustee.
75-3-913. Distributions to trustee.
(1) Before distributing to a trustee, the personal representative may require that the trustbe registered if the state in which it is to be administered provides for registration and that thetrustee inform the qualified beneficiaries as provided in Section 75-7-811.
(2) If the trust instrument does not excuse the trustee from giving bond, the personalrepresentative may petition the appropriate court to require that the trustee post bond if heapprehends that distribution might jeopardize the interests of persons who are not able to protectthemselves; and he may withhold distribution until the court has acted.
(3) No inference of negligence on the part of the personal representative shall be drawnfrom his failure to exercise the authority conferred by Subsections (1) and (2).
Amended by Chapter 89, 2004 General Session