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Me. Rev. Stat. tit. 18-B, § 801

Duty to administer trust

PL 2003, c. 618, §A1 (NEW)

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 Code.

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