Massachusetts General Laws ch. 203E sec. 810 – Recordkeeping and identification of trust property
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Section 810. Recordkeeping and identification of trust property
Terms Used In Massachusetts General Laws ch. 203E sec. 810
- Trustee: A person or institution holding and administering property in trust.
(a) A trustee shall keep adequate records of the administration of the trust.
(b) A trustee shall keep trust property separate from the trustee’s own property.
(c) A trustee may invest as a whole, the property of 2 or more separate trusts, if the trustee maintains records clearly indicating the respective interests.