Tennessee Code 35-14-108 – Impartiality
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Tennessee Code 35-14-108
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trust: means any fiduciary relationship created by a governing instrument. See Tennessee Code 35-14-102
If a trust has two (2) or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.