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Code · Hawaii · Hawaii Revised Statutes

[ §554D-804] Prudent administration.

48 words·~1 min read·/hi/554d-804

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[ §554D-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. [L 2021, c 32, pt of §2]
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