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.
Tenn. Code Ann. § 35-14-108
Impartiality
Known as the Tennessee Uniform Prudent Investor Act
The act spans §§ 35–35 (14 sections).
Acts 2002, ch. 696, § 8.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.