456.8-809. Control and protection of trust property.

Control and protection of trust property.

456.8-809. A trustee shall take reasonable steps to take control ofand protect the trust property, except that this duty does not apply to,and the trustee is not responsible for, items of tangible personal propertythat are property of a trust revocable by the settlor and that are not inthe possession or control of the trustee.

(L. 2004 H.B. 1511)

Effective 1-01-05