Assertion: trust's trustee | /r/HasProperty | held to same standard
Facets:
value: as that
type: OTHER
Source sentences:
text: The Uniform Trust Code presumes that trustees will be held to the same standard as that adopted by the Uniform Law Commissioners in the Prudent Investor Act [UPIA]. A trustee must invest and manage trust assets as a "prudent investor" would, by considering the purposes, terms, distribution requirements, and other circumstances of the trust.