R.S. 9:2127

Standard of care in investing and management ACTIVE

Unless the trust instrument provides otherwise, a trustee shall invest and manage trust property as a prudent investor. In satisfying this standard, the trustee shall consider the purposes, terms, distribution requirements, and other circumstances of the trust. A trustee's investment and management decisions are to be evaluated in the context of the trust property as a whole and as part of an overall investment strategy having risk and return objectives reasonably suited to the trust. In investing within the limitations of the foregoing standard, a trustee is authorized to retain and acquire every kind of property.

Actions

References

None.

Cited by

None.

History

  • enactment Acts 1986, No. 178, §1
  • amendment Acts 1991, No. 665, §2
  • amendment Acts 2001, No. 520, §1

Section navigation

Cite R.S. 9:2127

Bluebook
La. Rev. Stat. Ann. § 9:2127 (2026).
Permalink
https://theusufruct.com/rs/title-9/section-2127
BibTeX
@misc{larevstat-9-2127,
  title        = {La. Rev. Stat. Ann. § 9:2127},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-9/section-2127},
  note         = {Snapshot 2026-05-22}
}