Current through the 2024 Regular Session
Section 91-8-811 - Enforcement and defense of claims(a) A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.(b) A trustee may abandon or assign any claim that it believes is unreasonable to enforce to one or more of the beneficiaries of the trust holding the claim.Added by Laws, 2014, ch. 421, SB 2727, 69, eff. 7/1/2014.