(804) Prudent administration

N.D.C.C. § 59-16-04 — under Duties and Powers of Trustee.

N.D.C.C. § 59-16-04

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.