GroundRules
18-B M.R.S. §804: Prudent administration
Where this section sits in the code
- TITLE 18-B: TRUSTS
- PART 1: MAINE UNIFORM TRUST CODE
- CHAPTER 8: DUTIES AND POWERS OF TRUSTEE
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.
Collected 2026-09-04T15:12:29Z. Source file · JSON