In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
Idaho Code § 68-507
Investment costs
Known as the Idaho Uniform Prudent Investor Act
The act spans §§ 68–68 (14 sections).
I.C., § 68-507, as added by 1997, ch. 14, § 2, p. 14.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.