• § 53-12-240 - Duties Generally
  (a) The duties contained in this part are in addition to and not in limitation of the common law duties of the trustee, except...
• § 53-12-241 - Duty of Prudent Administration
  In administering a trust, the trustee shall exercise the judgment and care of a prudent person acting in a like capacity and familiar with...
• § 53-12-242 - Duty to Inform As to Existence of Trust
  (a) Within 60 days after the date of creation of an irrevocable trust or of the date on which a revocable trust becomes irrevocable,...
• § 53-12-243 - Duty to Provide Reports and Accounts
  (a) On reasonable request by any qualified beneficiary or the guardian or conservator of a qualified beneficiary who is not sui juris, the trustee...
• § 53-12-244 - Duty to Distribute Income
  A trustee shall distribute all net income derived from the trust at least annually.
• § 53-12-245 - No Duty to Investigate Resources
  A trustee shall not be under any duty to investigate the resources of any beneficiary when determining whether to distribute trust property to such
• § 53-12-246 - Duty to Avoid Conflict of Interest
  (a) A trustee shall administer the trust solely in the interests of the beneficiaries.(b) This Code section shall not preclude the following transactions, if...
• § 53-12-247 - Duty of Impartiality
  Except to the extent that the governing trust instrument clearly manifests an intention that the trustee shall or may favor one or more of...

Last modified: October 14, 2016