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Terms Used In Vermont Statutes Title 14 Sec. 801

  • Trustee: A person or institution holding and administering property in trust.

§ 801. Duty to administer trust

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with this title. (Added 2009, No. 20, § 1.)