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2016 Statute



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext


58a-804.Prudent administration. A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.

History: L. 2002, ch. 133, § 61; Jan. 1, 2003.



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext
2017. Powered by KLISS. Rendered: 2017-10-17T13:16:06. Head Rev No: 273823