Acts and Regulations

2015, c.21 - Trustees Act

Section 11
Disposition versions

Full text
Temporary absence or incapacity of trustee
11(1)If a trustee is temporarily unable to participate in the administration of the trust by reason of absence or an incapacity that does not amount to incompetency, the designated person may, in writing,
(a) authorize the other trustees, for the period that the trustee is absent or incapacitated, to administer all or part of the trust or to exercise the powers or perform the duties authorized by the designated person, or
(b) if there are no other trustees, appoint a person to act as a temporary trustee to do those things.
11(2)The administration of the trust, exercise of powers or performance of duties by the other trustees or by the temporary trustee is deemed to be as valid as if the absent or incapacitated trustee were not absent or incapacitated and had participated in the administration of the trust, exercise of powers or performance of duties.
Temporary absence or incapacity of trustee
11(1)If a trustee is temporarily unable to participate in the administration of the trust by reason of absence or an incapacity that does not amount to incompetency, the designated person may, in writing,
(a) authorize the other trustees, for the period that the trustee is absent or incapacitated, to administer all or part of the trust or to exercise the powers or perform the duties authorized by the designated person, or
(b) if there are no other trustees, appoint a person to act as a temporary trustee to do those things.
11(2)The administration of the trust, exercise of powers or performance of duties by the other trustees or by the temporary trustee is deemed to be as valid as if the absent or incapacitated trustee were not absent or incapacitated and had participated in the administration of the trust, exercise of powers or performance of duties.