Chapter

Mississippi Uniform Trust Code

Miss. Code Ann. § 91-8-101— Short title
Miss. Code Ann. § 91-8-102— Scope
Miss. Code Ann. § 91-8-103— Definitions
Miss. Code Ann. § 91-8-104— Knowledge
Miss. Code Ann. § 91-8-105— Default and mandatory rules
Miss. Code Ann. § 91-8-106— Common law of trusts; principles of equity
Miss. Code Ann. § 91-8-107— Governing law
Miss. Code Ann. § 91-8-108— Principal place of administration
Miss. Code Ann. § 91-8-109— Methods and waiver of notice
Miss. Code Ann. § 91-8-110— Others treated as qualified beneficiaries
Miss. Code Ann. § 91-8-111— Nonjudicial settlement agreements
Miss. Code Ann. § 91-8-112— Rules of construction
Miss. Code Ann. § 91-8-201— Role of court in administration of trust
Miss. Code Ann. § 91-8-202— Jurisdiction over trustee and beneficiary
Miss. Code Ann. § 91-8-203— Subject-matter jurisdiction
Miss. Code Ann. § 91-8-204— Venue
Miss. Code Ann. § 91-8-205— Judicial accountings and settlements
Miss. Code Ann. § 91-8-301— Representation: basic effect
Miss. Code Ann. § 91-8-302— Representation by holder of power of appointment
Miss. Code Ann. § 91-8-303— Representation by fiduciaries and parents
Miss. Code Ann. § 91-8-304— Representation by person having substantially identical interest
Miss. Code Ann. § 91-8-305— Appointment of representative
Miss. Code Ann. § 91-8-401— Methods of creating trust
Miss. Code Ann. § 91-8-402— Requirements for creation
Miss. Code Ann. § 91-8-403— Trusts created in other jurisdictions
Miss. Code Ann. § 91-8-404— Trust purposes
Miss. Code Ann. § 91-8-405— Charitable purposes; enforcement
Miss. Code Ann. § 91-8-406— Creation of trust induced by fraud, duress, or undue influence
Miss. Code Ann. § 91-8-407— Evidence of oral trust; trust in land
Miss. Code Ann. § 91-8-408— Trust for care of animal
Miss. Code Ann. § 91-8-409— Noncharitable trust without ascertainable beneficiary
Miss. Code Ann. § 91-8-410— Modification or termination of trust; proceedings for approval or disapproval
Miss. Code Ann. § 91-8-411— Modification or termination of noncharitable irrevocable trust by consent
Miss. Code Ann. § 91-8-412— Modification or termination because of unanticipated circumstances or inability to administer trust effectively
Miss. Code Ann. § 91-8-413— Cy pres
Miss. Code Ann. § 91-8-414— Modification or termination of uneconomic trust
Miss. Code Ann. § 91-8-415— Reformation to correct mistakes
Miss. Code Ann. § 91-8-416— Modification to achieve settlor’s tax objectives
Miss. Code Ann. § 91-8-417— Combination and division of trusts
Miss. Code Ann. § 91-8-601— Capacity of settlor of revocable trust
Miss. Code Ann. § 91-8-602— Revocation or amendment of revocable trust
Miss. Code Ann. § 91-8-603— Settlor’s powers; powers of withdrawal
Miss. Code Ann. § 91-8-604— Limitation on action contesting validity of revocable trust; distribution of trust property
Miss. Code Ann. § 91-8-701— Accepting or declining trusteeship
Miss. Code Ann. § 91-8-702— Trustee’s bond
Miss. Code Ann. § 91-8-703— Cotrustees
Miss. Code Ann. § 91-8-704— Vacancy in trusteeship; appointment of successor
Miss. Code Ann. § 91-8-705— Resignation of trustee
Miss. Code Ann. § 91-8-706— Removal of trustee
Miss. Code Ann. § 91-8-707— Delivery of property by former trustee
Miss. Code Ann. § 91-8-708— Compensation of trustee, trust advisor and trust protector
Miss. Code Ann. § 91-8-709— Reimbursement of expenses
Miss. Code Ann. § 91-8-710— Directed trusts
Miss. Code Ann. § 91-8-711— Directed trusts; accepting or declining fiduciary appointment
Miss. Code Ann. § 91-8-712— Directed trusts; fiduciary’s bond
Miss. Code Ann. § 91-8-713— Vacancy; directed trusts
Miss. Code Ann. § 91-8-714— Directed trusts; resignation of fiduciary
Miss. Code Ann. § 91-8-715— Directed trusts; removal of fiduciary
Miss. Code Ann. § 91-8-801— Duty to administer trust
Miss. Code Ann. § 91-8-802— Duty of loyalty
Miss. Code Ann. § 91-8-803— Impartiality
Miss. Code Ann. § 91-8-804— Prudent administration
Miss. Code Ann. § 91-8-805— Costs of administration
Miss. Code Ann. § 91-8-806— Trustee’s skills
Miss. Code Ann. § 91-8-807— Delegation by trustee
Miss. Code Ann. § 91-8-808— Powers to direct
Miss. Code Ann. § 91-8-809— Control and protection of trust property
Miss. Code Ann. § 91-8-810— Recordkeeping and identification of trust property
Miss. Code Ann. § 91-8-811— Enforcement and defense of claims
Miss. Code Ann. § 91-8-812— Collecting trust property
Miss. Code Ann. § 91-8-813— Duty to inform and report
Miss. Code Ann. § 91-8-814— Exercise of powers over discretionary and other interests; tax savings
Miss. Code Ann. § 91-8-815— General powers of trustee
Miss. Code Ann. § 91-8-816— Specific powers of trustee
Miss. Code Ann. § 91-8-817— Distribution upon termination
Miss. Code Ann. § 91-8-901— Prudent Investor Act incorporated by reference
Miss. Code Ann. § 91-8-1001— Remedies for breach of trust
Miss. Code Ann. § 91-8-1002— Damages for breach of trust
Miss. Code Ann. § 91-8-1003— Damages in absence of breach
Miss. Code Ann. § 91-8-1004— Attorney’s fees and costs
Miss. Code Ann. § 91-8-1005— Limitation of action against trustee by a beneficiary, a trustee, trust advisor or trust protector
Miss. Code Ann. § 91-8-1006— Reliance on trust instrument
Miss. Code Ann. § 91-8-1007— Event affecting administration or distribution
Miss. Code Ann. § 91-8-1008— Exculpation of trustee
Miss. Code Ann. § 91-8-1009— Beneficiary’s consent, release, or ratification
Miss. Code Ann. § 91-8-1010— Limitation on personal liability of trustee
Miss. Code Ann. § 91-8-1011— Interest as general partner
Miss. Code Ann. § 91-8-1012— Protection of person dealing with trustee
Miss. Code Ann. § 91-8-1013— Certification of trust
Miss. Code Ann. § 91-8-1014— Enforcement of no-contest, in terrorem or forfeiture provisions
Miss. Code Ann. § 91-8-1101— Uniformity of application and construction
Miss. Code Ann. § 91-8-1102— Electronic records and signatures
Miss. Code Ann. § 91-8-1103— Severability clause
Miss. Code Ann. § 91-8-1104— §§ 91-8-1104 and 91-8-1105. [Reserved]
Miss. Code Ann. § 91-8-1106— Application to existing relationships
Miss. Code Ann. § 91-8-1107— Alter ego
Miss. Code Ann. § 91-8-1108— Dominion and control over a trust
Miss. Code Ann. § 91-8-1109— Protection of special needs trusts and other similar trusts for disabled persons
Miss. Code Ann. § 91-8-1201— Powers of trust advisors and trust protectors
Miss. Code Ann. § 91-8-1202— Trust advisors and trust protectors as fiduciaries
Miss. Code Ann. § 91-8-1203— Trust advisor and trust protector subject to court jurisdiction
Miss. Code Ann. § 91-8-1204— No duty to review actions of trustee, trust advisor, or trust protector
Miss. Code Ann. § 91-8-1205— Fiduciary’s liability for action or inaction of trustee, trust advisor, and trust protector
Miss. Code Ann. § 91-8-1206— Limitation of action against trust advisor or trust protector