A trustee shall administer the trust as a prudent person would and shall consider the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
Effective Date: 01-01-2007
Section: Previous 5808.01 5808.02 5808.03 5808.04 5808.05 5808.06 5808.07 5808.08 5808.09 5808.10 5808.11 5808.12 5808.13 5808.14 5808.15 NextLast modified: October 10, 2016