Rhode Island General Laws 18-15-5. Loyalty
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A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
History of Section.
P.L. 1996, ch. 276, § 1.
Terms Used In Rhode Island General Laws 18-15-5
- 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.