N.D. Cent. Code § 59-16-04

Current through 2024 Legislative Session
Section 59-16-04 - (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.

N.D.C.C. § 59-16-04