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the application of any money paid or any property transferred to
or upon t~e order of the Trustee. ~
(H) No trustee shall be responsible for the acts or
0 omissions of the Co--trustee or for allowing the co-trustee to have
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~ custody or control of the funds, securities, or property. Each
= trustee shall be responsible only for his or her acts or omissions
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= in bad faith. Furthermore, a successor trustee shall not be liabl
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` for any action taken by the trustee prior to the time such succes-
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sor trustee becomes a trustee. ~
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; (I) A trustee may, by an instrument in writing, delegate.
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z all or any ~owers and discretions to a co-trustee for a limited
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; period of time and may renew such delegation from time to ti.me;
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~ Z provided al~rays, however, that the powers and discretions vested ~
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~ « exclusively in the disinterested trustee may not be delegated.
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; (J) If co-trustees disagree in the performance of any dut
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; or power, the decision of the interested.trustee shall control, -
` except as to~any power granted ekclusiv~ly to the disinterested
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~ trustee .
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J (K)- The Trust Estate and the income therefrom shall be
chargeable with the reasonable expense of the Trustee in the ad-
~ ministration of tne trust and with reasonable compensation for
the services of the Trustee, only in the event a corporation be-
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~ comes the Trustee.
~ (L) No bond shaZl be required of any trustee hereunder,
or if a bond is required by law, only a nominal bond shall be
required.
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12 (L)
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