Mont. Code Ann. § 72-38-804

Prudent administration

Last amended: 2013Year: 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: Prudent administration | Justis AI