§ 7774. Prudent administration - UTC 804
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and FiduciariesEffective: November 6, 2006
Effective: November 6, 2006
20 Pa.C.S.A. § 7774
§ 7774. Prudent administration - UTC 804
A trustee shall administer the trust as a prudent person would, by considering the purposes, provisions, distributional requirements and other circumstances of the trust and by exercising reasonable care, skill and caution.
Credits
2006, July 7, P.L. 625, No. 98, § 9, effective in 120 days [Nov. 6, 2006].
20 Pa.C.S.A. § 7774, PA ST 20 Pa.C.S.A. § 7774
Current through the end of the 2023 Regular Session. Some statute sections may be more current, see credits for details.
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