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Terms Used In Vermont Statutes Title 14 Sec. 803

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

§ 803. Impartiality

If a trust has two or more beneficiaries, the trustee shall act impartially in administering the trust, giving due regard to the beneficiaries’ respective interests. (Added 2009, No. 20, § 1.)