75-7-417 - Combination and division of trusts.
75-7-417. Combination and division of trusts.
After notice to the qualified beneficiaries, a trustee may combine two or more trusts into asingle trust or divide a trust into two or more separate trusts, if the result does not impair rights ofany beneficiary or adversely affect achievement of the purposes of the trust.
Enacted by Chapter 89, 2004 General Session