Arizona Statutes
§ 14-10804 — Prudent administration
Arizona·Title 14 Arizona Revised Statutes·Ch. 11 ARIZONA TRUST CODE·Art. 8 Duties and Powers of Trustee and Trust Protector
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.
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Nearby Sections
15
§ 14-10001
Short title§ 14-10002
Definitions§ 14-10003
Scope of chapter§ 14-10004
Chapter supplemented by other law§ 14-10008
Disclaimer of interest by trustee§ 14-10012
Delivery or filing; definition§ 14-10013
When disclaimer barred or limited§ 14-10014
Tax qualified disclaimer§ 14-10015
Recording of disclaimer