Chapter 2 - DUTIES AND LIABILITIES OF TRUSTEES
- Section 55-2-1 - Trustee's obligation of good faith
- Section 55-2-2 - Trustee not to use property for his own benefit-Profit of trustee from use of property, extent of liability
- Section 55-2-3 - Transactions involving interest of trustee adverse to beneficiary prohibited-Exceptions
- Section 55-2-4 - Trustee's influence not to be used for his advantage
- Section 55-2-5 - Trustee not to assume a trust adverse to the interest of beneficiary
- Section 55-2-6 - Adverse interest of trustee-Information to beneficiary-Removal of trustee
- Section 55-2-7 - Fraud against beneficiary of trust
- Section 55-2-8 - Presumption against trustee
- Section 55-2-9 - Liability of trustee mingling trust property with his own
- Section 55-2-10 - Measure of liability for unauthorized use or disposal of trust property-Intent to serve interest of beneficiary
- Section 55-2-11 - Liability for acts of cotrustee
- Section 55-2-12 - Liability and duties of successor trustee for agreements, contracts or actions of predecessor fiduciary
- Section 55-2-13 - Notice to qualified beneficiaries of existence of trust-Written directions-Variation of right of a beneficiary to be informed-Confidentiality of trust information
- Section 55-2-13.1 - Information to be provided to excluded fiduciaries-Liability limits of trustee
- Section 55-2-14 - Duty to provide information regarding revocable trust and its administration
- Section 55-2-15 - Trustee authorized to distribute income or principal from first trust may appoint all or part in favor of trustee of second trust-Restrictions-Power of appointment to beneficiary of second trust
- Section 55-2-16 - Action that may not be taken by restricted trustee may be taken by another unrestricted trustee
- Section 55-2-17 - Conditions under which beneficiary has power to change trustees
- Section 55-2-18 - Exercise of power to distribute income or principal by written instrument-Notice to beneficiaries of first trust
- Section 55-2-19 - Exercise of power to distribute income or principal considered exercise of power of appointment
- Section 55-2-20 - Impermissible use of power
- Section 55-2-21 - Trustee's right to distribute income or principal in trust arising under law or terms of first trust not abridged
- Section 55-2-22 - Fiduciary duty to determine that substituted property is of equivalent value
- Section 55-2-23 - Reliance of excluded fiduciaries and trustees on tax information
- Section 55-2-24 - Notice to beneficiaries and other interested parties