20 Pa. C.S. § 7780.4

Current through P.A. Acts 2023-66

Section 7780.4 - Discretionary powers

The trustee shall exercise a discretionary power in good faith and in accordance with the provisions and purposes of the trust and the interests of the beneficiaries, notwithstanding the breadth of discretion granted to a trustee in the trust instrument, including the use of such terms as "absolute," "sole" or "uncontrolled."

20 Pa.C.S. § 7780.4

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