72-33-602. Rejection of trust -- nonliability of person who rejects trust. (1) A person named as trustee may in writing reject the trust or a modification of the trust.
     (2) If the person named as trustee does not accept the trust or a modification of the trust by a method provided in 72-33-601(1) within a reasonable time after learning of being named as trustee or of the modification, the person has rejected the trust or the modification.
     (3) A person named as trustee who rejects the trust or a modification of the trust is not liable with respect to the rejected trust or modification.

     History: En. Sec. 48, Ch. 685, L. 1989.