58a-804. Prudent administration.
40 words·~1 min read·
/ks/58a-804A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
58a-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.