55-1-22.5. Discretion of trustee of hybrid purpose trust.
38 words·~1 min read·
/sd/title-55/chapter-55-1/55-1-22-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as otherwise provided in the governing instrument, a trustee of a hybrid purpose trust is vested with full discretion in administering the trust and considering the best interests of the beneficiaries and the purposes of the trust.