If a trust has two or more beneficiaries, the trustee shall act impartially in administering the trust, giving due regard to the beneficiaries’ respective interests.
Vt. Stat. Ann. tit. 14A, § 803
Impartiality
Known as the Vermont Trust Code
The act spans §§ 14–14 (107 sections).
Added 2009, No. 20, § 1.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.