A trustee shall keep adequate records of the administration of the trust.
A trustee shall keep trust property separate from the trustee's own property.
Except as otherwise provided in subsection (d), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two (2) or more separate trusts.
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