(a) In investing and managing trust assets, trustees may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
(b) Trustees may delegate investment functions to an agent that a prudent trustee of comparable skills could properly delegate as provided in ยง 24-2-618.
Section: Previous 24-2-606 24-2-607 24-2-608 24-2-609 24-2-610 24-2-611 24-2-612 24-2-613 24-2-614 24-2-615 24-2-616 24-2-617 24-2-618 24-2-619 NextLast modified: November 15, 2016