633.4203  Standard of prudence.

A trustee shall administer the trust with the reasonable care, skill, and caution as a prudent person would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust.

Section History: Recent form

  99 Acts, ch 125, §49, 109


  Section effective July 1, 2000; 99 Acts, ch 125, §109

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