§ 810. Recordkeeping and identification of trust property
(a) A trustee shall keep adequate records of the administration of the trust.
(b) A trustee shall keep trust property separate from the trustee’s own property.
(c) Except as otherwise provided in subsection (d) of this section, 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.
(d) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts. (Added 2009, No. 20, § 1.)
Structure Vermont Statutes
Chapter 8 - Duties and Powers of Trustee
§ 801. Duty to administer trust
§ 805. Costs of administration
§ 809. Control and protection of trust property
§ 810. Recordkeeping and identification of trust property
§ 811. Enforcement and defense of claims
§ 812. Collecting trust property
§ 813. Duty to inform and report
§ 814. Discretionary powers; tax savings
§ 815. General powers of trustee