If a trust has two (2) or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
R.I. Gen. Laws § 18-15-6
Impartiality
Known as the Rhode Island Uniform Prudent Investor Act
The act spans §§ 18-15-1 to 18-15-9 (13 sections).
P.L. 1996, ch. 276, § 1.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.