Section 807: Delegation by trustee
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Section 807. Delegation by trustee
(a)A trustee may delegate duties and powers if it is prudent to do so. The trustee shall exercise reasonable care, skill and caution in:
(1)selecting an agent;
(2)establishing the scope and terms of the delegation, consistent with the purposes and terms of the trust; and
(3)periodically reviewing the agent's actions in order to monitor the agent's performance and compliance with the terms of the delegation.
(b)In performing a delegated function, an agent shall owe a duty to the trust to exercise reasonable care to comply with the terms of the delegation.
(c)A trustee who complies with subsection
(a)shall not be liable to the beneficiaries or to the trust for an action of the agent to whom the function was delegated.
(d)By accepting a delegation of powers or duties from the trustee of a trust that is subject to the laws of the commonwealth, an agent shall submit to the jurisdiction of the courts of the commonwealth.