72-34-338. Loans to beneficiary.
72-34-338. Loans to beneficiary. The trustee has the following powers:
(1) to make loans out of trust property to the beneficiary on terms and conditions that the trustee determines are fair and reasonable under the circumstances; and
(2) to guarantee loans to the beneficiary by encumbrances on trust property.
History: En. Sec. 132, Ch. 685, L. 1989.