Me. Stat. tit. 18-B § 804
Current through 131st (2023-2024) Legislature Chapter 684
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. [2003, c. 618, Pt. A, §1(NEW); 2003, c. 618, Pt. A, §2(AFF).]
18-B M.R.S. § 804