Pennsylvania § 7780.16 - Trust director for investments.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 7780.16 — Trust director for investments., with citation guidance and answers to common questions.
§ 7780.16. Trust director for investments.
The explicit appointment by the terms of a trust of a "trust director for investments," accompanied by a citation to this section, grants to the trust director the following powers unless the terms of the trust provide otherwise:
(1) To direct the trustee, or veto the trustee's recommendations, as to the investment of the trust's assets.
(2) To direct the trustee, or veto the trustee's recommendations, as to the voting of proxies and the exercise of other voting powers associated with the trust's assets.
(3) To select, change and determine reasonable compensation of one or more investment advisors or managers, and authorize or engage them to perform any of the investment duties of a trustee or trust director.
(4) To determine the frequency and methodology for valuing trust assets.
(5) To exercise, or veto the trustee's exercise of, any other investment power the trustee has or might have.
(6) To perform other acts relating to the investment of the trust's assets as the terms of the trust specify.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 7780.16
What does Pennsylvania Consolidated Statutes § 7780.16 cover?
Section 7780.16 ("Trust director for investments.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 7780.16?
A common citation format is "Pennsylvania Consolidated Statutes § 7780.16" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 7780.16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.