Current with changes from the 2024 Legislative Session
Section 456.8-815 - General powers of trustee1. A trustee, without authorization by the court, may exercise: (1) powers conferred by the terms of the trust; and(2) except as limited by the terms of the trust:(a) all powers over the trust property which an unmarried competent owner has over individually owned property;(b) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and(c) any other powers conferred by sections 456.1-101 to 456.11-1106.2. The exercise of a power is subject to the fiduciary duties prescribed by section 456.8-801 to 456.8-814. L. 2004H.B. 1511
Effective 1/1/2005