7771 - Duty to administer trust - UTC 801. - Pennsylvania Statutes

SUBCHAPTER H DUTIES AND POWERS OF TRUSTEE Sec. 7771. Duty to administer trust - UTC 801. 7772. Duty of loyalty - UTC 802. 7773. Impartiality - UTC 803. 7774. Prudent administration - UTC 804. 7775. Costs of administration - UTC 805. 7776. Trustee's skills - UTC 806. 7777. Delegation by trustee. 7778. Powers to direct - UTC 808. 7779. Control and protection of trust property - UTC 809. 7780. Recordkeeping and identification of trust property - UTC 810. 7780.1. Enforcement and defense of claims - UTC 811. 7780.2. (Reserved). 7780.3. Duty to inform and report. 7780.4. Discretionary powers. 7780.5. Powers of trustees - UTC 815. 7780.6. Illustrative powers of trustee. 7780.7. Distribution upon termination. Cross References. Subchapter H is referred to in section 7701 of this title. § 7771. Duty to administer trust - UTC 801. Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its provisions and purposes and the interests of the beneficiaries and in accordance with applicable law. Cross References. Section 7771 is referred to in section 7705 of this title.