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Code · Arizona · Title 14 — Education, Libraries, and Museums

14-10804. Prudent administration

37 words·~1 min read·/az/title-14/14-10804

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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.
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