Sec. 29.5. (a) Except as provided in subsection (b) and unless the trust instrument provides otherwise, a corporate trustee that acquires a trust as a result of a change in control may not: (1) decline to accept the trust property; (2) resign as trustee; or (3) otherwise refuse to administer the trust; based upon the amount of property or funds held in the trust estate. (b) A court may, at the court's discretion, allow a trustee described in subsection (a) to resign if: (1) the trustee petitions the court; and (2) the court determines that the trustee's resignation will be in the best interests of all the beneficiaries of the trust.
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