§ 72-38-815

72-38-815. General powers of trustee. (1) A trustee, without authorization by the court, may exercise: (a) powers conferred by the terms of the trust; and (b) except as limited by the terms of the trust: (i) all powers over the trust property that an unmarried competent owner has over individually owned property; (ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and (iii) any other powers conferred by this chapter. (2) The exercise of a power is subject to the fiduciary duties prescribed by 72-38-801 through 72-38-817. History: En. Sec. 102, Ch. 264, L. 2013.