RS 9:2090
78 words·~1 min read·
/la/title-9/9-402A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 9:2090
§2090. Prudent administration
A. A trustee shall administer the trust as a prudent person would administer it. In satisfying this standard, the trustee shall exercise reasonable care and skill, considering the purposes, terms, distribution requirements, and other circumstances of the trust.
B. A trustee who has special skills or expertise, or has held himself out as having special skills or expertise, has a duty to use those special skills or expertise.
Acts 2001, No. 520, §1.