(a) A transferor may appoint one (1) or more trust directors who may have authority under the terms of the trust:
- (1) to remove and appoint qualified trustees or trust directors; and
- (2) to direct, consent to, or disapprove distributions from the trust.
- (b) Trust directors are not required to satisfy the requirements imposed upon trustees by section 6 of this chapter.
As added by P.L.221-2019, SEC.9.