Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its provisions and purposes and the interests of the beneficiaries and in accordance with applicable law.
Cross References. Section 7771 is referred to in section 7705 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Section 7701 - Short title of chapter - UTC 101
Section 7702 - Scope of chapter - UTC 102
Section 7703 - Definitions - UTC 103
Section 7704 - Knowledge - UTC 104
Section 7705 - Trust instrument controls; mandatory rules - UTC 105
Section 7706 - Common law of trusts; principles of equity - UTC 106
Section 7707 - Governing law - UTC 107
Section 7709 - Methods and waiver of notice - UTC 109
Section 7710 - Notice; others treated as beneficiaries - UTC 110
Section 7710.1 - Nonjudicial settlement agreements - UTC 111
Section 7710.2 - Rules of construction - UTC 112
Section 7711 - Role of court in administration of trust - UTC 201
Section 7712 - Jurisdiction over trustee and beneficiary - UTC 202
Section 7714 - Venue - UTC 204
Section 7721 - Scope; definition of trust matter
Section 7722 - Representation of parties in interest in general
Section 7723 - Representatives and persons represented
Section 7724 - Appointment of representative
Section 7725 - Notice of representation
Section 7726 - Representation ineffective if person objects
Section 7731 - Creation of trust - UTC 401
Section 7732 - Requirements for creation - UTC 402
Section 7733 - Written trusts created in other jurisdictions - UTC 403
Section 7734 - Trust purposes - UTC 404
Section 7735 - Charitable purposes; enforcement - UTC 405
Section 7736 - Creation of trust induced by fraud, duress or undue influence - UTC 406
Section 7737 - Oral trusts unenforceable
Section 7738 - Trust for care of animal - UTC 408
Section 7739 - Noncharitable trust without ascertainable beneficiary - UTC 409
Section 7740.1 - Modification or termination of noncharitable irrevocable trust by consent - UTC 411
Section 7740.2 - Modification or termination of noncharitable irrevocable trust by court - UTC 412
Section 7740.3 - Charitable trusts - UTC 413
Section 7740.4 - Modification or termination of noncharitable trust - UTC 414
Section 7740.5 - Reformation to correct mistakes - UTC 415
Section 7740.6 - Modification to achieve settlor's tax objectives - UTC 416
Section 7740.7 - Division of trusts
Section 7740.8 - Combination of trusts
Section 7741 - Rights of beneficiary's creditor or assignee - UTC 501
Section 7742 - Spendthrift provision - UTC 502
Section 7743 - Exceptions to spendthrift provision - UTC 503
Section 7744 - Discretionary trusts; effect of standard - UTC 504
Section 7745 - Creditor's claim against settlor - UTC 505(a)
Section 7746 - Overdue distribution - UTC 506
Section 7747 - Personal obligations of trustee - UTC 507
Section 7748 - Property subject to power of withdrawal - UTC 505(b)
Section 7751 - Capacity of settlor of revocable trust - UTC 601
Section 7752 - Revocation or amendment of revocable trust - UTC 602
Section 7753 - Trustee's duties; powers of withdrawal - UTC 603
Section 7754 - Actions contesting validity of revocable trust
Section 7755 - Claims and distribution after settlor's death
Section 7761 - Accepting or declining trusteeship - UTC 701
Section 7762 - Trustee's bond - UTC 702
Section 7763 - Cotrustees - UTC 703
Section 7764 - Vacancy in trusteeship; appointment of successor - UTC 704
Section 7765 - Resignation of trustee; filing resignation
Section 7766 - Removal of trustee - UTC 706
Section 7767 - Delivery of property by former trustee - UTC 707
Section 7768 - Compensation of trustee - UTC 708
Section 7769 - Reimbursement of expenses - UTC 709
Section 7770 - Liability of successor trustee
Section 7771 - Duty to administer trust - UTC 801
Section 7772 - Duty of loyalty - UTC 802
Section 7773 - Impartiality - UTC 803
Section 7774 - Prudent administration - UTC 804
Section 7775 - Costs of administration - UTC 805
Section 7776 - Trustee's skills - UTC 806
Section 7777 - Delegation by trustee
Section 7778 - Powers to direct - UTC 808
Section 7779 - Control and protection of trust property - UTC 809
Section 7780 - Recordkeeping and identification of trust property - UTC 810
Section 7780.1 - Enforcement and defense of claims - UTC 811
Section 7780.3 - Duty to inform and report
Section 7780.4 - Discretionary powers
Section 7780.5 - Powers of trustees - UTC 815
Section 7780.6 - Illustrative powers of trustee
Section 7780.7 - Distribution upon termination
Section 7781 - Remedies for breach of trust - UTC 1001
Section 7782 - Damages for breach of trust - UTC 1002
Section 7783 - Damages in absence of breach - UTC 1003
Section 7785 - Limitation of action against trustee
Section 7786 - Reliance on trust instrument - UTC 1006
Section 7787 - Event affecting administration or distribution - UTC 1007
Section 7788 - Exculpation of trustee - UTC 1008
Section 7789 - Beneficiary's consent, release or ratification - UTC 1009
Section 7790 - Limitation on personal liability of trustee - UTC 1010
Section 7790.1 - Interest as general partner - UTC 1011
Section 7790.2 - Protection of person dealing with trustee - UTC 1012
Section 7790.3 - Certification of trust - UTC 1013
Section 7791 - Abandonment of property
Section 7792 - Powers, duties and liabilities identical with personal representatives
Section 7793 - Effect of removal, or of probate of later will or codicil
Section 7794 - Title of purchaser
Section 7795 - Reports for school district trustees
Section 7797 - Filing accounts
Section 7798 - Failure to present claim at audit
Section 7799 - Income on distributive shares
Section 7799.1 - Annexation of account of distributed estate or trust
Section 7799.2 - Accounts, audits and distributions
Section 7799.3 - Pooled trusts for individuals with disabilities