Mass. Gen. Laws ch. 203E § 804

Current through Chapter 231 of the 2024
Section 203E:804 - Prudent administration

A trustee shall administer the trust as a prudent person would, considering the purposes, terms and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill and caution.

Mass. Gen. Laws ch. 203E, § 804

Added by Acts 2012, c. 140,§ 56, eff. 7/8/2012.