La. Rev. Stat. § 9:1789
This is the official text of La. Rev. Stat. § 9:1789, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Removal of trustee
Official statutory text
A. A trustee shall be removed in accordance with the provisions of the trust instrument or by the proper court for sufficient cause.
B. Additionally, a corporate trustee shall be removed upon the petition of a settlor or any current beneficiary, if the court determines that removal is in the best interest of the beneficiaries as a whole, another corporate entity that is qualified to be a trustee has agreed to serve as the trustee, and the trust instrument does not forbid such removal.
Acts 2001, No. 594, §2.
B. Additionally, a corporate trustee shall be removed upon the petition of a settlor or any current beneficiary, if the court determines that removal is in the best interest of the beneficiaries as a whole, another corporate entity that is qualified to be a trustee has agreed to serve as the trustee, and the trust instrument does not forbid such removal.
Acts 2001, No. 594, §2.
Status: in_force · Read it on the official government site
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