TRUSTS AND FIDUCIARIES
CHAPTER 5
UNIFORM PRUDENT INVESTOR ACT
68-507. Investment costs. In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
History:
[68-507, added 1997, ch. 14, sec. 2, p. 16.]