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Mass. Gen. Laws ch. 203E, § 801

Duty to administer trust

Known as the Massachusetts Uniform Trust Code

The act spans §§ 203–203 (90 sections).

Duty to administer trust

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with this chapter.

Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.