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Senate Status:
Senate Status:
2019 Statute
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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. |
History: L. 2002, ch. 133, § 61; Jan. 1, 2003. |
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