Section 1501. Application of act to trusts 1

Section 1502. Appointment of trustee 1

Section 1503. Qualification of trustee appointed by another court When the supreme court appoints a testamentary trustee a certified copy of the order or decree of appointment and of the bond given by the trustee shall be filed in the surrogate's court of the county having jurisdiction of the trust and a minute thereof shall be made and indexed in the book kept by the court in which orders or decrees appointing trustees are entered

Section 1504. Renunciation of appointment: retraction thereof 1

Section 1505. Proceeding when testamentary trustee is also executor or administrator 1

Section 1506. Nonliability for acts of predecessor executor A trustee who was not an executor of the estate of the same decedent shall not be liable for breach of trust committed by the executor in any of the following cases: 1

Section 1507. Authority to mortgage, sell, lease or exchange 1

Section 1508. Authority to release claims against the state by reason of appropriation of trust property not subject to power of sale 1

Section 1509. Power over lifetime trusts Except to the extent inconsistent with other provisions of this act, the surrogate having jurisdiction of a lifetime trust shall have such power over the lifetime trust and its trustee as a justice of the supreme court having jurisdiction over the trust would have