(a) A trustee, without authorization by the court, may exercise:
(1) Powers conferred by the terms of the trust; and
(2) Except as limited by the terms of the trust, any other powers conferred by this chapter.
(b) Except as modified by the terms of a trust, the exercise of a power is subject to the fiduciary duties otherwise prescribed by law.
72 Del. Laws, c. 388, § 4; 74 Del. Laws, c. 82, § 7.
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