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2016 Statute



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext


58a-815.General powers of trustee. (a) A trustee, without authorization by the court, may exercise:

(1) Powers conferred by the terms of the trust; and

(2) except as limited by the terms of the trust:

(A) All powers over the trust property which an unmarried competent owner has over individually owned property;

(B) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(C) any other powers conferred by this code.

(b) The exercise of a power is subject to the fiduciary duties prescribed by this article.

History: L. 2002, ch. 133, § 72; L. 2004, ch. 158, § 14; July 1.



Prev Article 8. - DUTIES AND POWERS OF TRUSTEENext
2017. Powered by KLISS. Rendered: 2017-12-10T07:23:37. Head Rev No: 341153