Section 18-9-14 Reasonable care required regardless of language of trust.

RI Gen L § 18-9-14 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

§ 18-9-14. Reasonable care required regardless of language of trust. Regardless of any language in the agreement, deed, or other instrument creating an inter vivos charitable trust, no trustee or trustees of a trust shall be exonerated from liability for failure to exercise reasonable care, diligence, and prudence.

History of Section. (P.L. 1950, ch. 2617, § 13; G.L. 1956, § 18-9-14.)