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2017 New Hampshire Revised Statutes
Title LVI - PROBATE COURTS AND DECEDENTS' ESTATES
Chapter 564-B - NEW HAMPSHIRE TRUST CODE
Section 564-B:8-804 - Prudent Administration.
Universal Citation: NH Rev Stat § 564-B:8-804 (2017)
564-B:8-804 Prudent Administration. –
A trustee shall administer, invest, and manage the trust and distribute the trust property 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.
Source. 2004, 130:1. 2005, 270:22, eff. Sept. 20, 2005.
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