Statutes, codes, and regulations
District of Columbia Official Code
Division III - DECEDENTS' ESTATES AND FIDUCIARY RELATIONSTitle 19 - DESCENT, DISTRIBUTION, AND TRUSTSChapter 13 - UNIFORM TRUST CODE
Subchapter VIII - DUTIES AND POWERS OF TRUSTEE
Section 19-1308.04 - Prudent administration

D.C. Code § 19-1308.04

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Current through codified legislation effective September 18, 2024
Section 19-1308.04 - 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.

D.C. Code § 19-1308.04

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.

Uniform Law: This section is based upon § 804 of the Uniform Trust Code.