La. Rev. Stat. § 9:2082
This is the official text of La. Rev. Stat. § 9:2082, part of Louisiana’s Rev. Stat — part of the compiled statutory law of Louisiana, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Administration in interest of beneficiary; duty of impartiality
Official statutory text
A. A trustee shall administer the trust solely in the interest of the beneficiary.
B. When there is more than one beneficiary, a trustee shall administer the trust impartially, based on what is fair and reasonable to all of the beneficiaries, except to the extent that the trust instrument manifests an intention that the trustee shall or may favor one or more of the beneficiaries.
Acts 2001, No. 520, §1.
B. When there is more than one beneficiary, a trustee shall administer the trust impartially, based on what is fair and reasonable to all of the beneficiaries, except to the extent that the trust instrument manifests an intention that the trustee shall or may favor one or more of the beneficiaries.
Acts 2001, No. 520, §1.
Status: in_force · Read it on the official government site
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