Vt. Stat. Ann. tit. 14A, § 806
Trustee’s skills
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
A trustee who has special skills or expertise, or is named trustee in reliance upon the trustee's representation that the trustee has special skills or expertise, shall use those special skills or expertise.
A trustee who has special skills or expertise, or is named trustee in reliance upon the trustee’s representation that the trustee has special skills or expertise, shall use those special skills or expertise.
Added 2009, No. 20, § 1.
OFFICIAL COMMENT
Official Comment
This section is similar to Section 7-302 of the Uniform Probate Code, Restatement (Second) of Trusts § 174 (1959), and Section 2(f) of the Uniform Prudent Investor Act.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.