20 Pa. C.S. § 7774

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 7774 - Prudent administration - UTC 804

A trustee shall administer the trust as a prudent person would, by considering the purposes, provisions, distributional requirements and other circumstances of the trust and by exercising reasonable care, skill and caution.

20 Pa.C.S. § 7774

2006, July 7, P.L. 625, No. 98, §9, effective in 120 days [ 11/6/2006].