Vermont § 807 - Delegation by trustee
Full text of Vermont Vermont Statutes Online § 807 — Delegation by trustee, with citation guidance and answers to common questions.
§ 807. Delegation by trustee
- (a) A trustee may delegate duties and powers that a prudent trustee of comparable skills
could properly delegate under the circumstances. The trustee shall exercise reasonable
care, skill, and caution in: (1) selecting an agent; (2) establishing the scope and terms of the delegation, consistent with the purposes and
terms of the trust; and (3) periodically reviewing the agent’s actions in order to monitor the agent’s performance
and compliance with the terms of the delegation. (b) In performing a delegated function, an agent owes a duty to the trust to exercise
reasonable care to comply with the terms of the delegation. (c) A trustee who complies with subsection (a) of this section is not liable to the beneficiaries
or to the trust for the decisions or actions of the agent to whom the function was
delegated. (d) By accepting a delegation of powers or duties from the trustee of a trust that is
subject to the law of this State, an agent submits to the jurisdiction of the courts
of this State. (Added 2009, No. 20, § 1.)
Frequently Asked Questions About Vermont § 807
What does Vermont Statutes Online § 807 cover?
Section 807 ("Delegation by trustee") 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 § 807?
A common citation format is "Vermont Statutes Online § 807" (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 § 807 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.