(1) Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (a) Acceptance under section 15-5-701; (b) Giving of bond to secure performance under section 15-5-702; (c) Reasonable compensation under sections 15-5-1004, 15-10-501 (3), and 15-10-601; (d) Resignation under section 15-5-705; (e) Removal under section 15-5-706; (f) Vacancy and appointment of successor under section 15-5-704; and (g) The right to petition the court for instructions under section 15-5-201 (3).
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