72-40-120. Office of trust director. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

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(1)acceptance under 72-38-701;

(2)giving of bond to secure performance under 72-38-702;

(3)reasonable compensation under 72-38-708;

(4)resignation under 72-38-705;

(5)removal under 72-38-706; and

(6)vacancy and appointment of successor under 72-38-704.