469.907. Restriction on costs.
Restriction on costs.
469.907. In investing and managing trust assets, a trustee may onlyincur costs that are appropriate and reasonable in relation to the assets,the purposes of the trust, and the skills of the trustee.
(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511)*Transferred 2004; formerly 456.907