760 ILCS 3/804

Current through Public Act 103-1052
Section 760 ILCS 3/804 - Prudent administration

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

760 ILCS 3/804

Added by P.A. 101-0048,§ 804, eff. 1/1/2020.