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R.I. Gen. Laws § 18-9-14

Reasonable care required regardless of language of trust

P.L. 1950, ch. 2617, § 13; G.L. 1956, § 18-9-14.

Regardless of any language in the agreement, deed, or other instrument creating an inter vivos charitable trust, no trustee or trustees of a trust shall be exonerated from liability for failure to exercise reasonable care, diligence, and prudence.

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.