Section 8. In investing and managing trust assets, a trustee shall incur only costs that are appropriate and reasonable in relation to the assets, the purpose of the trust, and the skills of the trustee.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 203c - Prudent Investment
Section 2 - Trustees Managing Trust Assets; Duty to Comply With Prudent Investor Rule
Section 3 - Investment and Management Decisions
Section 6 - Beneficiaries' Interests
Section 7 - Two or More Beneficiaries
Section 9 - Determination of Compliance With Prudent Investor Rule
Section 10 - Delegation of Investment and Management Functions