- 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. Except as otherwise provided in subsection D of this section, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
- D. If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
Laws 2025, HB 1850, c. 254, § 57, eff. November 1, 2025.