§ 14.5-804
Statutes in effect as of October 1, 2026.
Md. Code Ann., Est. & Trusts § 14.5-804 (2026)
Title 14.5. Maryland Trust Act
Subtitle 8. Duties and Powers of Trustee
§ 14.5-804LinkCopy Citation
(a)
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust.
(b)
In satisfying the standard described in subsection (a) of this section, the trustee shall exercise reasonable care, skill, and caution.