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45 chapters · 845 sections in this title.
20 Pa.C.S. § 7501 Legislative intent
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This chapter is enacted to codify, clarify and confirm certain existing common law principles of fiduciary and trust law relating to conflicts of interest on the part of trustees.
20 Pa.C.S. § 7502 Definitions
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The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise: "Interested party." Each trustee then serving and each person having an interest in income or principal whom it would be…
20 Pa.C.S. § 7503 Application of chapter
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(a) General rule.--This chapter shall apply to: (1) Any trust created under a governing instrument executed on or after March 21, 1999, unless the governing instrument expressly provides that this chapter does not apply. (2) Any trust created under a governing instrument executed…
20 Pa.C.S. § 7504 Certain trustee powers not exercisable
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(a) General rule.--The following powers conferred by a governing instrument upon a trustee in his or her capacity as a trustee shall not be exercised by that trustee: (1) The power to make discretionary distributions of either principal or income to or for the benefit of the trus…
