§ 36C-8-815. General powers of trustee.

State Codes and Statutes

§ 36C‑8‑815. General powers of trustee.

(a) A trustee, withoutauthorization by the court, may exercise any of the following:

(1) Powers conferred bythe terms of the trust.

(2) Except as limited bythe terms of the trust:

a. All powers over thetrust property that an unmarried competent owner has over individually ownedproperty;

b. Any other powersappropriate to achieve the proper investment, management, administration, ordistribution of the trust property; and

c. Any other powersconferred by this Chapter.

(b) No provision ofthis section shall relieve a trustee of the fiduciary duties under thisArticle. (2005‑192,s. 2; 2006‑259, s. 13(k).)

§ 36C‑8‑815. General powers of trustee.

(a) A trustee, withoutauthorization by the court, may exercise any of the following:

(1) Powers conferred bythe terms of the trust.

(2) Except as limited bythe terms of the trust:

a. All powers over thetrust property that an unmarried competent owner has over individually ownedproperty;

b. Any other powersappropriate to achieve the proper investment, management, administration, ordistribution of the trust property; and

c. Any other powersconferred by this Chapter.

(b) No provision ofthis section shall relieve a trustee of the fiduciary duties under thisArticle. (2005‑192,s. 2; 2006‑259, s. 13(k).)

§ 36C‑8‑815. General powers of trustee.

(a) A trustee, withoutauthorization by the court, may exercise any of the following:

(1) Powers conferred bythe terms of the trust.

(2) Except as limited bythe terms of the trust:

a. All powers over thetrust property that an unmarried competent owner has over individually ownedproperty;

b. Any other powersappropriate to achieve the proper investment, management, administration, ordistribution of the trust property; and

c. Any other powersconferred by this Chapter.

(b) No provision ofthis section shall relieve a trustee of the fiduciary duties under thisArticle. (2005‑192,s. 2; 2006‑259, s. 13(k).)