58-24a07

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 24a.--UNIFORM PRUDENT INVESTOR ACT

58-24a07. Investment costs.In investing and managing trust assets, a fiduciary may onlyincurcosts that are appropriate and reasonable in relation to the assets, thepurposes of the trust and the skills of the fiduciary.

History: L. 2000, ch. 80, § 7; July 1.