There is a newer version of the North Carolina General Statutes
2010 North Carolina Code
Chapter 36C North Carolina Uniform Trust Code.
Article 8 - Duties and Powers of Trustee.
36C-8-804. Prudent administration.
NC Gen Stat § 36C-8-804 What's This?
36C‑8‑804. Prudent administration.
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution. (2005‑192, s. 2.)
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