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the Vermont Statutes
2012 Vermont Statutes
Title 14A Trusts
Chapter 9 UNIFORM PRUDENT INVESTOR ACT AND UNITRUSTS
§ 904 Duties at inception of trusteeship
Universal Citation:
14A V.S.A. § 904.
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§ 904. Duties at inception of trusteeship
Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust and with the requirements of this chapter. (Added 2009, No. 20, § 1.)
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