{"data":{"id":"us-ma/mass.-gen.-laws-ch.-203c-2","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 203C, § 2","heading":"Trustees managing trust assets; duty to comply with prudent investor rule","body":"Section 2. (a) Except as provided in subsection (b), a trustee who invests and manages trust assets shall owe a duty to the beneficiaries of a trust to comply with the prudent investor rule set forth in this chapter.\n(b) The prudent investor rule may be expanded, restricted, eliminated or otherwise altered by the provisions of a trust. A trustee shall not be liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["Part II","Title II","Chapter 203C"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartII/TitleII/Chapter203C/Section2","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:34Z","sha256":"c1205806c10570e80699348a740a368072cab4591097563958f28d66d4734a4e","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-203c-1","next":"us-ma/mass.-gen.-laws-ch.-203c-3"},"notice":"GroundRules: Original legal text. Not legal advice."}