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2016 Statute



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext


58a-814.Discretionary powers. Notwithstanding the breadth of discretion granted to a trustee in the terms of the trust, including the use of such terms as "absolute," "sole," or "uncontrolled," the trustee shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries.

History: L. 2002, ch. 133, § 71; Jan. 1, 2003.



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext
2017. Powered by KLISS. Rendered: 2017-09-30T03:10:44. Head Rev No: 272168