Idaho Statutes
§ 68-504 — 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 act.
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Idaho § 68-504 (DUTIES AT INCEPTION OF TRUSTEESHIP) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[68-504, added 1997, ch. 14, sec. 2, p. 16.]
Nearby Sections
15
§ 68-10-101
SHORT TITLE§ 68-10-102
DEFINITIONS§ 68-10-103
FIDUCIARY DUTIES — GENERAL PRINCIPLES§ 68-10-104
TRUSTEE’S POWER TO ADJUST§ 68-10-105
NOTICE OF PROPOSED ACTION§ 68-10-201
DETERMINATION AND DISTRIBUTION OF NET INCOME§ 68-10-301
WHEN RIGHT TO INCOME BEGINS AND ENDS§ 68-10-303
APPORTIONMENT WHEN INCOME INTEREST ENDS§ 68-10-401
CHARACTER OF RECEIPTS§ 68-10-402
DISTRIBUTION FROM TRUST OR ESTATE§ 68-10-404
PRINCIPAL RECEIPTS§ 68-10-405
RENTAL PROPERTY