reglab/housing_qa huggingface dataset:
20 PA Cons Stat § 7761 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7761 - Accepting or declining trusteeship - UTC 701

 § 7761. Accepting or declining trusteeship - UTC 701. (a) Accepting trusteeship.--Except as otherwise provided in subsection (c), a person designated as trustee accepts the trusteeship:  (1) by substantially complying with a method of acceptance provided in the trust instrument; or  (2) if the trust instrument does not provide a method or the method provided in the trust instrument is not expressly made exclusive, by accepting delivery of the trust property, exercising powers or performing duties as trustee or by otherwise indicating acceptance of the trusteeship.  (b) Rejecting trusteeship.--A person designated as trustee who has not yet accepted the trusteeship may reject the trusteeship. A designated trustee who does not accept the trusteeship within a reasonable time after knowing of the designation is deemed to have rejected the trusteeship.  (c) Actions not constituting acceptance of trusteeship.--A person designated as trustee, without accepting the trusteeship, may:  (1) act to preserve the trust property if, within a reasonable time after acting, the person sends a written rejection of the trusteeship to the settlor or, if the settlor is dead or lacks capacity, to a qualified beneficiary; and  (2) inspect or investigate trust property to determine potential liability under environmental or other law or for any other purpose.
20 PA Cons Stat § 7762 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7762 - Trustee's bond - UTC 702

 § 7762. Trustee's bond - UTC 702. (a) When required.--A trustee shall give bond to secure performance of the trustee's duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the provisions of the trust instrument and the court has not dispensed with the requirement.  (b) Judicial authority.--The court may specify the amount of a bond, its liabilities and whether sureties are necessary. The court may modify or terminate a bond at any time.  (c) Institutional trustees.--An institution qualified to do trust business in this Commonwealth need not give bond even if required by the trust instrument.    Cross References. Section 7762 is referred to in section 7705 of this title.
20 PA Cons Stat § 7763 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7763 - Cotrustees - UTC 703

 § 7763. Cotrustees - UTC 703. (a) Majority decision.--Cotrustees who do not reach a unanimous decision may act by majority decision.  (a.1) When no majority.--When a dispute arises among trustees as to the exercise or nonexercise of any of their powers and there is no agreement by a majority of them, unless otherwise provided by the trust instrument, the court in its discretion, upon petition filed by any of the trustees or any party in interest, aided if necessary by the report of a master, may direct the exercise or nonexercise of the power as it deems necessary for the best interest of the trust.  (b) Vacancy.--If a vacancy occurs in a cotrusteeship, the remaining cotrustees may act for the trust.  (c) Performance.--A cotrustee shall participate in the performance of a trustee's function unless the cotrustee is unavailable to perform the function because of absence, illness, disqualification under the law or other reason or the cotrustee has properly delegated the performance of the function to another trustee.  (d) Unavailability.--If a cotrustee is unavailable to perform duties and prompt action is necessary to achieve the purposes of the trust or to avoid injury or loss to the trust property, the remaining cotrustee or a majority of the remaining cotrustees may act for the trust.  (e) (Reserved). (f) Liability.--Except as otherwise provided in subsection (g), a trustee who does not join in an action of another trustee is not liable for the action.  (g) Reasonable care.--Each trustee shall exercise reasonable care to:  (1) prevent a cotrustee from committing a breach of trust involving fraud or self-dealing; and  (2) compel a cotrustee to redress a breach of trust involving fraud or self-dealing. (h) Dissenting trustee.--A dissenting trustee shall join the majority to carry out a majority decision requiring affirmative action and may be ordered to do so by the court. A dissenting trustee who joins in an action at the direction of the majority of the trustees and who notified any cotrustee of the dissent at or before the time of the action is not liable for the action unless the action is a breach of trust involving fraud or self-dealing.
20 PA Cons Stat § 7764 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7764 - Vacancy in trusteeship; appointment of successor - UTC 704

 § 7764. Vacancy in trusteeship; appointment of successor - UTC 704. (a) When vacancy occurs.--A vacancy in a trusteeship occurs if:  (1) a person designated as trustee rejects the trusteeship; (2) a person designated as trustee cannot be identified or does not exist; (3) a trustee resigns; (4) a trustee is disqualified or removed; (5) a trustee dies; or (6) a trustee is determined by the court to be incapacitated pursuant to section 5511 (relating to petition and hearing; independent evaluation).  (b) Filling of vacancy.--A vacancy in a trusteeship need not be filled if one or more cotrustees remain in office and the trust instrument does not require that it be filled. A vacancy shall be filled if the trust has no remaining trustee.  (c) Filling vacancy for noncharitable trust.--A vacancy in a trusteeship of a noncharitable trust that is required to be filled shall be filled in the following order of priority:  (1) by a person designated in or pursuant to the provisions of the trust instrument to act as successor trustee;  (2) by a person appointed by unanimous written agreement of the qualified beneficiaries; or  (3) by a person appointed by the court. (d) Filling vacancy for charitable trust.--A vacancy in a trusteeship of a charitable trust that is required to be filled shall be filled in the following order of priority:  (1) by a person designated in or under the provisions of the trust instrument to act as successor trustee;  (2) by a person selected by unanimous written agreement of the qualified beneficiaries if the Office of Attorney General concurs in the selection; or  (3) by a person appointed by the court. (e) Appointment by court.--Whether or not a vacancy in a trusteeship exists or is required to be filled, the court may appoint an additional trustee or special fiduciary if the court considers the appointment desirable for the administration of the trust.  (f) Filing appointment.--An appointment of a trustee and an acceptance of an appointment of a trustee may be filed with the clerk of court having jurisdiction over the trust.    Cross References. Section 7764 is referred to in section 7708 of this title.
20 PA Cons Stat § 7765 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7765 - Resignation of trustee; filing resignation

§ 7765. Resignation of trustee; filing resignation. (a) Court approval.--(Deleted by amendment).  (a.1) General rule.--A trustee may resign:  (1) with court approval; (2) without court approval if authorized to resign by the trust instrument; or (3) pursuant to a nonjudicial settlement agreement described in section 7710.1 (relating to nonjudicial settlement agreements - UTC 111).  (b) Without court approval if authorized by trust instrument.--(Deleted by amendment).  (c) Without court approval and without authorization in trust instrument.--(Deleted by amendment).  (d) Liability.--The resignation of a trustee shall not by itself relieve the resigning trustee of liability in connection with the administration of the trust.  (e) Filing resignation.--A resignation of a trustee may be filed with the clerk of the court having jurisdiction over the trust.  (July 8, 2016, P.L.497, No.79, eff. Jan. 1, 2017)   2016 Amendment. Act 79 added subsec. (a.1) and deleted subsecs. (a), (b) and (c).
20 PA Cons Stat § 7766 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7766 - Removal of trustee - UTC 706

§ 7766. Removal of trustee - UTC 706. (a) Request to remove trustee; court authority.--The settlor, a cotrustee or a beneficiary may request the court to remove a trustee or a trustee may be removed by the court on its own initiative.  (b) When court may remove trustee.--The court may remove a trustee if it finds that removal of the trustee best serves the interests of the beneficiaries of the trust and is not inconsistent with a material purpose of the trust, a suitable cotrustee or successor trustee is available and:  (1) the trustee has committed a serious breach of trust; (2) lack of cooperation among cotrustees substantially impairs the administration of the trust;  (3) the trustee has not effectively administered the trust because of the trustee's unfitness, unwillingness or persistent failures; or  (4) there has been a substantial change of circumstances. A corporate reorganization of an institutional trustee, including a plan of merger or consolidation, is not itself a substantial change of circumstances.  (c) Court remedies.--Pending a final decision on a request to remove a trustee, or in lieu of or in addition to removing a trustee, the court may order appropriate relief under section 7781(b) (relating to remedies for breach of trust - UTC 1001) as may be necessary to protect the trust property or the interests of the beneficiaries.  (d) Procedure.--The procedure for removal and discharge of a trustee and the effect of removal and discharge shall be the same as that set forth in sections 3183 (relating to procedure for and effect of removal) and 3184 (relating to discharge of personal representative and surety).  (e) Cross reference.--See section 1608 of the act of November 30, 1965 (P.L.847, No.356), known as the Banking Code of 1965.  (Oct. 27, 2010, P.L.837, No.85, eff. 60 days)   2010 Amendment. Act 85 amended subsec. (b) and added subsec. (e).  Cross References. Section 7766 is referred to in section 7781 of this title.
20 PA Cons Stat § 7767 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7767 - Delivery of property by former trustee - UTC 707

 § 7767. Delivery of property by former trustee - UTC 707. (a) Duties and powers of trustee.--Unless a cotrustee remains in office or the court otherwise orders, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property until the trust property is delivered to a successor trustee or other person entitled to it.  (b) Delivery of trust property.--A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee or other person entitled to it.
20 PA Cons Stat § 7768 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7768 - Compensation of trustee - UTC 708

 § 7768. Compensation of trustee - UTC 708. (a) If unspecified.--If neither the trust instrument nor a separate written agreement signed by the settlor or anyone who is authorized by the trust instrument to do so specifies the trustee's compensation, the trustee is entitled to compensation that is reasonable under the circumstances. Neither a compensation provision in a trust instrument nor a fee agreement governs compensation payable from trust principal unless it explicitly so provides.  (b) If specified; adjustment.--If a trust instrument or written fee agreement signed by the settlor or anyone who is authorized by the trust instrument to do so specifies a trustee's compensation, the trustee is entitled to the specified compensation. The court may allow reasonable compensation that is more or less than that specified if:  (1) the duties of the trustee have become substantially different from those contemplated when the trust was created or when the fee agreement was executed;  (2) the compensation specified in the trust instrument or fee agreement would be unreasonable; or  (3) the trustee performed extraordinary services, and the trust instrument or fee agreement does not specify the trustee's compensation for those services.  (c) Entitlement not barred.--None of the following shall bar a trustee's entitlement to compensation from the income or principal of the trust:  (1) The trust is perpetual or for any other reason has not yet terminated. (2) The trustee's term of office has not yet ended. (3) The trustee of a testamentary trust also acted as a personal representative of the settlor and was or might have been compensated for services as a personal representative from the principal of the settlor's estate.  (d) Court authority.--In determining reasonable compensation, the court may consider, among other facts, the market value of the trust and may determine compensation as a fixed or graduated percentage of the trust's market value. The court may allow compensation from principal, income or both and determine the frequency with which compensation may be collected. Compensation at levels that arise in a competitive market shall be presumed to be reasonable in the absence of compelling evidence to the contrary.  (e) Cemetery lots.--The authority in this section to pay compensation from trust principal shall not apply to trusts created by cemetery lot owners as endowments for the endowed care and maintenance of burial or cemetery lots if the principal sum involved is less than $20,000. Compensation shall be paid exclusively from the income of such trusts.    Cross References. Section 7768 is referred to in section 7705 of this title.
20 PA Cons Stat § 7769 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7769 - Reimbursement of expenses - UTC 709

 § 7769. Reimbursement of expenses - UTC 709. (a) Reimbursement from trust property.--A trustee is entitled to be reimbursed out of the trust property, with interest as appropriate, for:  (1) expenses that were properly incurred in the administration of the trust; and (2) to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.  (b) Advance.--An advance by the trustee of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.
20 PA Cons Stat § 7770 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7770 - Liability of successor trustee

§ 7770. Liability of successor trustee. A successor trustee shall not be personally liable for the acts or omissions of the trustee's predecessor and shall have no duty to investigate the acts or omissions of the predecessor.    Cross References. Section 7770 is referred to in section 7780.1 of this title.
20 PA Cons Stat § 7771 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7771 - Duty to administer trust - UTC 801

§ 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.
20 PA Cons Stat § 7773 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7773 - Impartiality - UTC 803

§ 7773. Impartiality - UTC 803. If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing and distributing the trust property, giving due regard to the beneficiaries' respective interests in light of the purposes of the trust. The duty to act impartially does not mean that the trustee must treat the beneficiaries equally. Rather, the trustee must treat the beneficiaries equitably in light of the purposes of the trust.
20 PA Cons Stat § 7774 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7774 - Prudent administration - UTC 804

§ 7774. Prudent administration - UTC 804. A trustee shall administer the trust as a prudent person would, by considering the purposes, provisions, distributional requirements and other circumstances of the trust and by exercising reasonable care, skill and caution.
20 PA Cons Stat § 7775 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7775 - Costs of administration - UTC 805

§ 7775. Costs of administration - UTC 805. In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust and the skills of the trustee.
20 PA Cons Stat § 7776 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7776 - Trustee's skills - UTC 806

§ 7776. Trustee's skills - UTC 806. A trustee who has special skills or expertise relevant to a trust or who is named trustee in reliance upon the trustee's representation that the trustee has special skills or expertise relevant to a trust shall use those special skills or expertise in the administration of the trust.
20 PA Cons Stat § 7777 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7777 - Delegation by trustee

 § 7777. Delegation by trustee. (a) Standards for delegation.--A trustee may delegate duties and powers that a prudent trustee of comparable skills might delegate under the circumstances. The trustee shall exercise reasonable care, skill and caution in:  (1) selecting an agent; (2) establishing the scope and specific terms of the delegation, consistent with the purposes and provisions of the trust; and  (3) reviewing periodically the agent's actions in order to monitor the agent's performance and compliance with the scope and specific terms of the delegation.  (b) Agent's duty.--The agent shall comply with the scope and terms of the delegation and shall exercise the delegated duties and powers with reasonable care, skill and caution and shall be liable to the trust for failure to do so. An agent who represents having special skills or expertise shall use those special skills or that expertise.  (c) Liability.--A trustee who complies with subsection (a) is not liable to the beneficiaries or to the trust for an action of the agent to whom the function was delegated.  (d) Jurisdiction.--An agent who accepts the delegation of duties or powers from a trustee who is subject to the jurisdiction of a court of this Commonwealth shall be deemed to have submitted to the jurisdiction of that court even if the terms of the delegation provide for a different jurisdiction or venue.  (e) When one trustee may delegate to another.--A trustee may delegate duties and powers to another trustee if the delegating trustee reasonably believes that the other trustee has greater skills than the delegating trustee with respect to those duties and powers and the other trustee accepts the delegation. The delegating trustee shall not be responsible for the decisions, actions or inactions of the trustee to whom those duties and powers have been delegated if the delegating trustee has exercised reasonable care, skill and caution in establishing the scope and specific terms of the delegation and in reviewing periodically the performance of the trustee to whom the duties and powers have been delegated and that trustee's compliance with the scope and specific terms of the delegation.
20 PA Cons Stat § 7778 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7778 - Powers to direct - UTC 808

 § 7778. Powers to direct - UTC 808. (a) Direction of settlor.--While a trust is revocable, the trustee may follow a written direction of the settlor that is contrary to the trust instrument.  (b) Compliance with power.--If a trust instrument confers upon a person other than the settlor of a revocable trust power to direct certain actions of the trustee, the trustee shall act in accordance with a written exercise of the power unless the attempted exercise is manifestly contrary to the trust instrument or the trustee knows the attempted exercise would constitute a serious breach of a fiduciary duty that the person holding the power owes to the beneficiaries of the trust.  (c) Modification or termination of trust.--A trust instrument may confer upon a trustee or other person a power to modify or terminate the trust.  (d) Fiduciary relationship.--A person other than a beneficiary who holds a power to direct certain actions of a trustee is presumptively a fiduciary who, as such, is required to act in good faith with regard to the purposes of the trust and the interests of the beneficiaries. The holder of a power to direct is liable for any loss that results from breach of the holder's fiduciary duty.
20 PA Cons Stat § 7779 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7779 - Control and protection of trust property - UTC 809

§ 7779. Control and protection of trust property - UTC 809. A trustee shall take reasonable steps to take control of and protect the trust property.
20 PA Cons Stat § 7780 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7780 - Recordkeeping and identification of trust property - UTC 810

 § 7780. Recordkeeping and identification of trust property - UTC 810. (a) Records.--A trustee shall keep adequate records of the administration of the trust.  (b) Commingling trust property prohibited.--A trustee shall keep trust property separate from the trustee's own property.  (c) Designating trust property.--Except as otherwise provided in subsection (d) and section 3321 (relating to nominee registration; corporate fiduciary as agent; deposit of securities in a clearing corporation; book-entry securities), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.  (d) Investing property of separate trusts.--If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
20 PA Cons Stat § 7780.1 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7780.1 - Enforcement and defense of claims - UTC 811

§ 7780.1. Enforcement and defense of claims - UTC 811. Except as provided in section 7770 (relating to liability of successor trustee), a trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust. When one of several trustees is individually liable to the trust, the other trustee or trustees shall take any legal action against that trustee necessary to protect the trust.
20 PA Cons Stat § 7780.2 (2021)
2021 Pennsylvania Consolidated & Unconsolidated Statutes|Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES|Chapter 77 - Trusts|Section 7780.2 - (Reserved)

 § 7780.2. (Reserved).