Vermont § 901 - Prudent investor rule
Full text of Vermont Vermont Statutes Online § 901 — Prudent investor rule, with citation guidance and answers to common questions.
§ 901. Prudent investor rule
- (a) Except as otherwise provided in subsection (b) of this section, a trustee who invests
and manages trust assets owes a duty to the beneficiaries of the trust to comply with
the prudent investor rule set forth in this chapter. (b) The prudent investor rule, a default rule, may be expanded, restricted, eliminated,
or otherwise altered by the provisions of a trust. A trustee is not liable to a beneficiary
to the extent that the trustee acted in reasonable reliance on the provisions of the
trust. (Added 2009, No. 20, § 1.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 901
What does Vermont Statutes Online § 901 cover?
Section 901 ("Prudent investor rule") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 901?
A common citation format is "Vermont Statutes Online § 901" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 901 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.