Tenn. Code § 35-15-804

Current through Acts 2023-2024, ch. 800
Section 35-15-804 - 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.

T.C.A. § 35-15-804

Acts 2004, ch. 537, § 60.