Idaho Code § 15-7-302

Current through Chapter 330 of the 2024 Regular Legislative Session
Section 15-7-302 - TRUSTEE'S STANDARD OF CARE AND PERFORMANCE

Except as otherwise provided by the terms of the trust, the trustee shall observe the standards in dealing with the trust assets that would be observed by a prudent man dealing with the property of another, and if the trustee has special skills or is named trustee on the basis of representations of special skills or expertise, he is under a duty to use those skills.

Idaho Code § 15-7-302

[I.C., sec. 15-7-302, as added by 1971, ch. 111, sec. 1, p. 233.]