{"data":{"id":"us-vt/14a-v.s.a.-901","jurisdiction":"us-vt","citation":"14A V.S.A. § 901","heading":"Prudent investor rule","body":"(a) Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this chapter.\n(b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated, or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary to the extent that the trustee acted in reasonable reliance on the provisions of the trust.","path":["Title 14A: Trusts","Chapter 009: Uniform Prudent Investor Act and Unitrusts"],"source_url":"https://legislature.vermont.gov/statutes/section/14A/009/00901","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:16:59Z","sha256":"0cffc3d8cbe2db64eac50ea033ffc43f63e0f7f2f002246c60c011a646faa831","source_id":"us-vt","stale":false,"prev":"us-vt/14a-v.s.a.-817","next":"us-vt/14a-v.s.a.-902"},"notice":"GroundRules: Original legal text. Not legal advice."}