Rhode Island § 18-15-4 § 18-15-4. Duties at inception of trusteeship.

Rhode Island Statutes

§ 18-15-4 — § 18-15-4. Duties at inception of trusteeship.

Rhode Island·Title 18 Fiduciaries·Ch. 18-15 Rhode Island Uniform Prudent Investor Act

§ 18-15-4. 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 chapter.
         

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§ 18-15-4. 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 chapter.

Rhode Island § 18-15-4 (§ 18-15-4. Duties at inception of trusteeship.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.