Section 78. Relief after judgment on obligation constituting trust claim  


Latest version.
  • If
      a  trust beneficiary shall recover judgment against the trustee upon the
      obligation constituting the trust claim: (except in the enforcement of a
      lien as provided in articles two and three of this chapter)
        (a) execution upon the judgment shall not be  levied  upon  any  trust
      asset;
        (b)  to  the extent of trust assets affected by proceedings to enforce
      the judgment, the proceedings shall be deemed to be for the  benefit  of
      all  trust  beneficiaries  who  would,  at  the  time  the proceeding is
      instituted, be entitled to maintain an action to enforce the trust,  and
      the  provisions  of section seventy-seven of this chapter shall apply in
      any such proceedings.