CODE OF VIRGINIA

PRUDENT ADMINISTRATION (§ 64.2-766)

A trustee shall administer the trust as a prudent person would, by considering
the purposes, terms, distributional requirements, and other circumstances of the
trust. In satisfying this standard, the trustee shall exercise reasonable care,
skill, and caution.

HISTORY: 2005, c. 935, § 55-548.04; 2012, c. 614.