Maine Statutes
§ 18-B §804 — Prudent administration
Maine § 18-B §804
This text of Maine § 18-B §804 (Prudent administration) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Me. Rev. Stat. tit. 18-B, § 18-B §804 (2026).
Text
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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Legislative History
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).
Nearby Sections
15
§ 18 §1
By whom and how made§ 18 §1001
Rules of descent§ 18 §1002
Degrees of kindred§ 18 §1004
Posthumous child takes intestate share§ 18 §1005
Child or issue may have intestate share§ 18 §1006
Contribution to loss by devisee§ 18 §1008
Rights of heirs of deceased devisees§ 18 §102
Petition for probate; notice§ 18 §103
Competency of witnesses§ 18 §104
DepositionsCite This Page — Counsel Stack
Bluebook (online)
Maine § 18-B §804, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/18-B%20%C2%A7804.