Prudent administration

La. Rev. Stat. § 9:2090, under Civil Code-Ancillaries.

La. Rev. Stat. § 9:2090

§2090. Prudent administration A. A trustee shall administer the trust as a prudent person would administer it. In satisfying this standard, the trustee shall exercise reasonable care and skill, considering the purposes, terms, distribution requirements, and other circumstances of the trust. B. A trustee who has special skills or expertise, or has held himself out as having special skills or expertise, has a duty to use those special skills or expertise. Acts 2001, No. 520, §1.