72-40-120 . Office of trust director. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (1) acceptance under 72-38-701 ; (2) giving of bond to secure performance under 72-38-702 ; (3) reasonable compensation under 72-38-708 ; (4) resignation under 72-38-705 ; (5) removal under 72-38-706 ; and (6) vacancy and appointment of successor under 72-38-704 .
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