Current through the 2024 Legislative Session
Section 554D-811 - Enforcement and defense of claims(a) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.(b) A trustee may abandon or assign to one or more of the beneficiaries of the trust any claim that it believes is not prudent to enforce.Added by L 2021, c 32,§ 2, eff. 1/1/2022.