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Section 55-2-1 - Trustee's obligation of good faith. - 55-2-1. Trustee's obligation of good faith. In all matters connected...
Section 55-2-2 - Trustee not to use property for his own benefit--Profit of trustee from use of property, extent of liability. - 55-2-2. Trustee not to use property for his own benefit--Profit...
Section 55-2-3 - Transactions involving interest of trustee adverse to beneficiary prohibited--Exceptions. - 55-2-3. Transactions involving interest of trustee adverse to beneficiary prohibited--Exceptions....
Section 55-2-4 - Trustee's influence not to be used for his advantage. - 55-2-4. Trustee's influence not to be used for his advantage....
Section 55-2-5 - Trustee not to assume a trust adverse to the interest of beneficiary. - 55-2-5. Trustee not to assume a trust adverse to the...
Section 55-2-6 - Adverse interest of trustee--Information to beneficiary--Removal of trustee. - 55-2-6. Adverse interest of trustee--Information to beneficiary--Removal of trustee. If...
Section 55-2-7 - Fraud against beneficiary of trust. - 55-2-7. Fraud against beneficiary of trust. Every violation of the...
Section 55-2-8 - Presumption against trustee. - 55-2-8. Presumption against trustee. All transactions between a trustee and...
Section 55-2-9 - Liability of trustee mingling trust property with his own. - 55-2-9. Liability of trustee mingling trust property with his own....
Section 55-2-10 - Measure of liability for unauthorized use or disposal of trust property--Intent to serve interest of beneficiary. - 55-2-10. Measure of liability for unauthorized use or disposal of...
Section 55-2-11 - Liability for acts of cotrustee. - 55-2-11. Liability for acts of cotrustee. A trustee is responsible...
Section 55-2-12 - Liability and duties of successor trustee for agreements, contracts or actions of predecessor fiduciary. - 55-2-12. Liability and duties of successor trustee for agreements, contracts...
Section 55-2-13 - Notice to qualified beneficiaries of existence of trust--Written directions--Information to be provided to excluded fiduciaries--Liability limits of trustee--Variation of right of a beneficiary to be informed--Confidentiality of tru... - 55-2-13. Notice to qualified beneficiaries of existence of trust--Written directions--Information...
Section 55-2-14 - Duty to provide information regarding revocable trust and its administration. - 55-2-14. Duty to provide information regarding revocable trust and its...
Section 55-2-15 - Trustee authorized to distribute income or principal from first trust may appoint all or part in favor of trustee of second trust--Restrictions--Power of appointment to beneficiary of second trust. - 55-2-15. Trustee authorized to distribute income or principal from first...
Section 55-2-16 - Action that may not be taken by restricted trustee may be taken by another unrestricted trustee. - 55-2-16. Action that may not be taken by restricted trustee...
Section 55-2-17 - Conditions under which beneficiary has power to change trustees. - 55-2-17. Conditions under which beneficiary has power to change trustees....
Section 55-2-18 - Exercise of power to distribute income or principal by written instrument--Notice to beneficiaries of first trust. - 55-2-18. Exercise of power to distribute income or principal by...
Section 55-2-19 - Exercise of power to distribute income or principal considered exercise of power of appointment. - 55-2-19. Exercise of power to distribute income or principal considered...
Section 55-2-20 - Impermissible use of power. - 55-2-20. Impermissible use of power. The power under ยง55-2-15 may...
Section 55-2-21 - Trustee's right to distribute income or principal in trust arising under law or terms of first trust not abridged. - 55-2-21. Trustee's right to distribute income or principal in trust...
Section 55-2-22 - Fiduciary duty to determine that substituted property is of equivalent value. - 55-2-22. Fiduciary duty to determine that substituted property is of...
Section 55-2-23 - Reliance of excluded fiduciaries and trustees on tax information. - 55-2-23. Reliance of excluded fiduciaries and trustees on tax information....