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Trust Administration

633A.4101Acceptance or declination to serve as trustee 633A.4102Trustee’s bond 633A.4103Actions by cotrustees 633A.4104Vacancy in office of trustee 633A.4105Filling vacancy 633A.4106Resignation of trustee 633A.4107Removal of trustee 633A.4108Delivery of property by former trustee 633A.4109Compensation of trustee 633A.4110Repayment for expenditures 633A.4111Notice of increased trustee’s fee 633A.4201Duty to administer trust — alteration by terms of trust 633A.4202Duty of loyalty — impartiality — confidential relationship 633A.4203Standard of prudence 633A.4204Costs of administration 633A.4205Special skills 633A.4206Delegation 633A.4207Directory powers 633A.4208Cotrustees 633A.4209Control and safeguarding of trust property 633A.4210Separation and identification of trust property 633A.4211Enforcement and defense of claims and actions 633A.4212Prior fiduciaries 633A.4213Duty to inform and account 633A.4214Duties with regard to discretionary powers 633A.4215Distributions in further trust 633A.4301Short title 633A.4302Standard of care — portfolio strategy — risk and return objectives 633A.4303Diversification 633A.4304Duties at inception of trusteeship 633A.4305Loyalty 633A.4306Impartiality 633A.4307Investment costs 633A.4308Reviewing compliance 633A.4309Language invoking prudent investor rule 633A.4401General powers — fiduciary duties 633A.4402Specific powers of trustees 633A.4403Trustee-written request and third-party protection 633A.4501Violations of duties — breach of trust 633A.4502Breach of trust — actions 633A.4503Breach of trust — liability 633A.4504Limitation of action against trustee 633A.4505Exculpation of trustee 633A.4506Beneficiary’s consent, release, or affirmance — nonliability of trustee 633A.4507Attorney fees and costs 633A.4601Personal liability — limitations 633A.4602Dissenting cotrustees 633A.4603Obligations of third parties 633A.4604Certification of trust 633A.4605Liability for wrongful taking, concealing, or disposing of trust property 633A.4606Interest as general partner 633A.4701Survivorship with respect to future interests under terms of trust — substitute takers 633A.4702Discretionary language prevails over other standard 633A.4703General order for abatement 633A.4704Simultaneous death 633A.4705Principal and income 633A.4706Small distributions to minors — payment 633A.4707Person causing death 633A.4801Governing instrument may provide trust director or trust protector with powers and immunities of trustee 633A.4802Liability limits of excluded fiduciary 633A.4803Death of settlor 633A.4804Excluded fiduciary’s liability for loss if trust protector appointed 633A.4805Powers of trust protector 633A.4806Submission to court jurisdiction — effect on trust director or trust protector 633A.4807Powers of trust protector incorporated by reference in will or trust instrument 633A.4808Investment trust director or distribution trust director provided for in trust instrument 633A.4809Powers of investment trust director 633A.4810Powers of distribution trust director