§ 18-9-14. Reasonable care required regardless of language of trust.
Regardless of any language in the agreement, deed, or other instrument creating an inter vivos charitable trust, no trustee or trustees of a trust shall be exonerated from liability for failure to exercise reasonable care, diligence, and prudence.
History of Section.P.L. 1950, ch. 2617, § 13; G.L. 1956, § 18-9-14.
Structure Rhode Island General Laws
Chapter 18-9 - Charitable Trusts
Section 18-9-1. - Division of charitable trusts — Establishment.
Section 18-9-2. - Administrator of charitable trusts.
Section 18-9-3. - Appointment and removal of assistants — Experts.
Section 18-9-4. - “Charitable trusts” defined.
Section 18-9-5. - Notice to attorney general of proceedings affecting charitable trusts.
Section 18-9-6. - Register of charitable trusts — Special assistant attorney general.
Section 18-9-7. - Register open to inspection — Registration fee.
Section 18-9-8. - Rules and regulations.
Section 18-9-9. - Investigations as to administration of trusts.
Section 18-9-10. - Notice to attend in investigations.
Section 18-9-11. - Court order to appear before attorney general — Contempt.
Section 18-9-12. - Privilege against self-incrimination unavailable — Immunity from prosecution.
Section 18-9-13. - Annual fiduciary’s report.
Section 18-9-14. - Reasonable care required regardless of language of trust.
Section 18-9-15. - Institutions and contingent trusts exempt.
Section 18-9-16. - Termination of certain charitable trusts.