Section 2.29 Appointment of Successor
| Library | Trusts 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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