Prudent administration

K.S.A. 58a-804, under DUTIES AND POWERS OF TRUSTEE.

K.S.A. 58a-804

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. History: L. 2002, ch. 133, § 61; January 1, 2003.