Registration of retirement of trustee
22 Registration of retirement of trustee
Whenever it is proved to the satisfaction of the registrar that any registered trustee of any registered trust has in any manner except by death ceased to be a trustee, the registrar shall register the cessation from office of such trustee, and shall write or cause to be written on the folium of the Register of Successory Trusts relating to such trust, on the same line with the name of the trustee in the column headed "cause of cessation from office of trustee," the word "retired," and in the column headed "date of cessation from office of trustee," the date of making the entry, and shall authenticate such entry by signing his name in the proper column; and for the purposes of this section any person shall be deemed to have ceased to be a trustee when all other matters necessary for his cessation from office have been accomplished, notwithstanding that the trust property is still vested in him.
No. 3765 s. 23.
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