If a trust has two (2) or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests and the purposes of the trust.
Miss. Code Ann. § 91-8-803
Impartiality
Known as the Mississippi Uniform Trust Code
The act spans §§ 91–91 (104 sections).
Laws, 2014, ch. 421, § 61, eff from and after July 1, 2014.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.