58a-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.
History: L. 2002, ch. 133, ยง 61; Jan. 1, 2003.
Structure Kansas Statutes
Chapter 58a - Kansas Uniform Trust Code
Article 8 - Duties And Powers Of Trustee
58a-801 Duty to administer trust.
58a-804 Prudent administration.
58a-805 Costs of administration.
58a-807 Delegation by trustee.
58a-809 Control and protection of trust property .
58a-810 Recordkeeping and identification of trust property; property acquisition and conveyance.
58a-811 Enforcement and defense of claims.
58a-812 Collecting trust property.
58a-813 Duty to inform and report.
58a-815 General powers of trustee.
58a-816 Specific powers of trustee.