Known as the Mississippi Uniform Trust Code
The act spans §§ 91–91 (104 sections).
Applied in 1 court decision — leading case Ware v. Ware (In Re Estate of Ware) (2018)
Most recently applied in Ware v. Ware (In Re Estate of Ware) (March 2018)
Laws, 2014, ch. 421, § 69, eff from and after July 1, 2014.
A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.
A trustee may abandon or assign any claim that it believes is unreasonable to enforce to one or more of the beneficiaries of the trust holding the claim.