Massachusetts General Laws ch. 203C sec. 6 – Beneficiaries’ interests
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Section 6. A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
Terms Used In Massachusetts General Laws ch. 203C sec. 6
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trustee: A person or institution holding and administering property in trust.