Section 2.29 Appointment of Successor

LibraryTrusts and Powers 2013 Supp

2. (§2.29) Appointment of Successor

If a resignation creates a vacancy in the trusteeship,
§ 456.7-704.3, RSMo Supp. 2005, provides that the vacancy must be filled in the following order of priority:

“(1) by a person designated in or pursuant to the terms of the trust to act as successor trustee;

(2) by a person appointed by a majority in number of the qualified beneficiaries; or

(3) by a person appointed by the court.”

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