LD 921
pg. 49
Page 48 of 58 PUBLIC Law Chapter 618 Page 50 of 58
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LR 466
Item 1

 
D.__The powers of the trustee;

 
E.__The revocability or irrevocability of the trust and the
identity of any person holding a power to revoke the trust;

 
F.__The authority of cotrustees to sign or otherwise
authenticate and whether all or fewer than all are required
in order to exercise powers of the trustee;

 
G.__The trust's taxpayer identification number; and

 
H.__The manner of taking title to trust property.

 
2.__Authentication.__A certification of trust may be signed or
otherwise authenticated by any trustee.

 
3.__Representations correct.__A certification of trust must
state that the trust has not been revoked, modified or amended in
any manner that would cause the representations contained in the
certification of trust to be incorrect.

 
4.__Dispositive terms.__A certification of trust need not
contain the dispositive terms of a trust.

 
5.__Excerpts from trust instrument.__A recipient of a
certification of trust may require the trustee to furnish copies
of those excerpts from the original trust instrument and later
amendments that designate the trustee and confer upon the trustee
the power to act in the pending transaction.

 
6.__Not liable for reliance on incorrect representations;
knowledge.__A person who acts in reliance upon a certification of
trust without knowledge that the representations contained
therein are incorrect is not liable to any person for so acting
and may assume without inquiry the existence of the facts
contained in the certification.__Knowledge of the terms of the
trust may not be inferred solely from the fact that a copy of all
or part of the trust instrument is held by the person relying
upon the certification.

 
7.__Enforce transactions.__A person who in good faith enters
into a transaction in reliance upon a certification of trust may
enforce the transaction against the trust property as if the
representations contained in the certification were correct.

 
8.__Demand not in good faith; damages.__A person making a
demand for the trust instrument in addition to a certification of
trust or excerpts is liable for damages if the court determines


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