Mont. Code § 72-38-804

Current through the 2023 Regular Session
Section 72-38-804 - Prudent administration

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.

§ 72-38-804, MCA

Added by Laws 2013, Ch. 264, Sec. 91, eff. 10/1/2013.