TITLE 68

TRUSTS AND FIDUCIARIES

CHAPTER 1

TRUSTS

68-115.  Contents of certification of trust. (1) A certification of trust may confirm the following facts or contain the following information:

(a)  The existence of the trust and date of execution of any trust instrument;

(b)  The identity of the settlor and each currently acting trustee;

(c)  The powers of the trustee and any restrictions imposed upon him in dealing with assets of the trust;

(d)  The revocability or irrevocability of the trust and the identity of any person holding a power to revoke it;

(e)  If there is more than one (1) trustee, whether all of the currently acting trustees must, or less than all may, act to exercise identified powers of the trustee;

(f)  The identifying number of the trust and whether it is a social security number or an employer identification number;

(g)  The state or other jurisdiction under the laws of which the trust was established; and

(h)  The form in which title to assets of the trust is to be taken.

(2)  The certification must contain a statement that the trust has not been revoked or amended to make any representations contained in the certification incorrect, and that the signatures are those of all the currently acting trustees.

History:

[68-115, added 1998, ch. 302, sec. 2, p. 996.]