Section 329: To specify roll of succession of trustee

1) Except as otherwise provided for in the roll of succession of trustees in the memorandum of incorporation, after the death of a trustee, his or her eldest son, daughter-in-law or daughter shall succeed to the office of a trustee according to the roll of succession, and if there is no one out of them, his or her heir shall succeed to the office of trustee.

2) If a person who becomes the trustee pursuant to subsection (1) is not qualified to be the trustee, his or her guardian or the person taking care of (herchaha) him or her shall perform the obligation of the trustee on his or her behalf until such a person becomes qualified.

3) Except as otherwise provided for in the memorandum of incorporation, if there is a provision that one’s descendants are entitled to be the trustee, the descendants of such a person shall succeed to the office of trustee according to the limit of their respective rights, and the provisions contained in Section 326 shall not apply to such a case.