Haw. Rev. Stat. § 554D-804
Prudent administration
Hawaii · Hawaii Revised Statutes Chapter 554D · Status: effective
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- Citation
- Haw. Rev. Stat. § 554D-804, Prudent administration, Hawaii, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2428331
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Full text
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.