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Searching 2019-2020 Session

The Vermont Statutes Online

 

Title 14A : Trusts

Chapter 008 : DUTIES AND POWERS OF TRUSTEE

(Cite as: 14A V.S.A. § 810)
  • § 810. Recordkeeping and identification of trust property

    (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. (Added 2009, No. 20, § 1.)