A trustee, without authorization by the court, may exercise:
All powers over the trust property which an unmarried competent owner has over individually owned property;
Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
Any other powers conferred by this chapter.
The exercise of a power is subject to the fiduciary duties prescribed by this article.
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