La. Rev. Stat. § 9:2090
Prudent administration
Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective
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- Citation
- La. Rev. Stat. § 9:2090, Prudent administration, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2646509
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Full text
A. A trustee shall administer the trust as a prudent person would administer it. In satisfying this standard, the trustee shall exercise reasonable care and skill, considering the purposes, terms, distribution requirements, and other circumstances of the trust.
B. A trustee who has special skills or expertise, or has held himself out as having special skills or expertise, has a duty to use those special skills or expertise.