Trust Law Article 51

Upon the change of a trustee, the former trustee may, in exercising the rights provided in Articles 39, 42 or 43 hereof, retain the trust property; in addition, the former trustee shall have the right to pursue its claims against the new trustee in respect of the trust property.Under the circumstances described in the preceding paragraph, the former trustee's right of retention shall become extinguished upon the new trustee's provision of a security equal to the value of the property being retained by the former trustee.