72-34-303. Exercise of powers subject to trustee's duties.
72-34-303. Exercise of powers subject to trustee's duties. The grant of a power to a trustee, whether by the trust instrument, by statute, or by the court, does not in itself require or permit the exercise of the power. The exercise of a power by a trustee is subject to the trustee's fiduciary duties.
History: En. Sec. 107, Ch. 685, L. 1989.