§ 36C-8-804 - Prudent administration.

NC Gen Stat § 36C-8-804 (2019) (N/A)
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36C-8-804. 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.