Kansas Statutes
§ 58a-804 — Prudent administration
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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Kansas § 58a-804 (Prudent administration) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Roenne v. Miller
475 P.3d 708 (Court of Appeals of Kansas, 2020)
Legislative History
L. 2002, ch. 133, § 61; January 1, 2003.
Nearby Sections
15
§ 58a-1001
Remedies for breach of trust§ 58a-1002
Damages for breach of trust§ 58a-1003
Damages in absence of breach§ 58a-1004
Attorney fees and costs§ 58a-1005
Limitation of action against trustee§ 58a-1006
Reliance on trust instrument§ 58a-1008
Exculpation of trustee§ 58a-101
Short title§ 58a-1011
Interest as general partner§ 58a-1013
Certification of trust§ 58a-102
Scope