(a) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.

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Terms Used In Tennessee Code 35-15-811

  • Trustee: A person or institution holding and administering property in trust.
  • Trustee: includes an original, additional, and successor trustee, and a cotrustee. See Tennessee Code 35-15-103
(b) A trustee may abandon or assign any claim that it believes is unreasonable to enforce to one or more of the beneficiaries of the trust holding the claim.