If a trust has two (2) or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests and the purposes of the trust.
Structure Mississippi Code
Chapter 8 - Mississippi Uniform Trust Code
Article 8 - Duties and Powers of Trustee
§ 91-8-801. Duty to administer trust
§ 91-8-804. Prudent administration
§ 91-8-805. Costs of administration
§ 91-8-807. Delegation by trustee
§ 91-8-809. Control and protection of trust property
§ 91-8-810. Recordkeeping and identification of trust property
§ 91-8-811. Enforcement and defense of claims
§ 91-8-812. Collecting trust property
§ 91-8-813. Duty to inform and report
§ 91-8-814. Exercise of powers over discretionary and other interests; tax savings
§ 91-8-815. General powers of trustee