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14 chapters · 154 sections in this title.
14A V.S.A. ch. 009, § 901 Prudent investor rule
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§ 901. Prudent investor rule (a) Except as otherwise provided in subsection (b) of this section, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this chapter. (b) The prudent invest…
14A V.S.A. ch. 009, § 902 Standard of care; portfolio strategy; risk and return objectives
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§ 902. Standard of care; portfolio strategy; risk and return objectives (a) A trustee shall invest and manage trust assets as a prudent investor would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust. In satisfying this standard…
14A V.S.A. ch. 009, § 903 Diversification
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§ 903. Diversification A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying. (Added 2009, No. 20, § 1.)
14A V.S.A. ch. 009, § 904 Duties at inception of trusteeship
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§ 904. 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 port…