There is a newer version of the Missouri Revised Statutes
2011 Missouri Revised Statutes
TITLE XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
Chapter 456 Trusts and Trustees--The Uniform Trust Code
Section 456.8-804. Prudent administration.
MO Rev Stat § 456.8-804. What's This?
Prudent administration.
456.8-804. 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.
(L. 2004 H.B. 1511)Effective 1-01-05
Annotation Copyright Missouri Joint Committee on Legislative Research
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