Section 163.9. Termination of trust agreements  


Latest version.
  • (a) The trustee shall deliver written notification of termination to the beneficiary at least 30 days, but not more than 45 days, prior to termination of the trust account.

    (b) Upon termination of the trust account, assets not previously withdrawn by the beneficiary may not be delivered to the grantor except with the written approval of the beneficiary.

Notation

Cross References

This section cited in 31 Pa. Code § 163.8 (relating to resignation or removal of trustee).