18 GCA § 66303: Discretionary Powers.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 8 - Trusts
- Chapter 66: Trusts for the Benefit of Third Persons
- ARTICLE 3: POWERS OF TRUSTEES
A discretionary power conferred upon a trustee is presumed not to be left to his arbitrary discretion, but may be controlled by the proper court if not reasonably exercised, unless an absolute discretion is clearly conferred by the declaration of trust.
Collected 2026-09-27T03:59:58Z. Source file · JSON