Mont. Code Ann. § 72-38-804

72-38-804 Prudent administration

Year: 2026Length: 41 wordsOfficial source
72-38-804 . 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.
Mont. Code Ann. § 72-38-804: 72-38-804 Prudent administration | Justis AI