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

14-10810. Record keeping and identification of trust property

94 words·~1 min read·/az/title-14/14-10810

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. A trustee shall keep adequate records of the administration of the trust.
B. A trustee shall keep trust property separate from the trustee's own property.
C. Except as otherwise provided in subsection D, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
D. If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
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