Approval of Accounts. The Settlor may approve the accounts of any Trustee at any time resigning or removed as such hereunder. The approval of such accounts shall he a full and complete discharge of such Trustee and shall have the same effect as if such Trustee had presented and had its account approved by a court of competent jurisdiction.
Appears in 2 contracts
Sources: Grantor Residual Trust Agreement (Firstplus Financial Group Inc), Grantor Residual Trust Agreement (Firstplus Financial Group Inc)