Current as of January 01, 2019 | Updated by FindLaw Staff
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Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust, and with the requirements of this chapter.
Cite this article: FindLaw.com - Rhode Island General Laws Title 18. Fiduciaries § 18-15-4. Duties at inception of trusteeship - last updated January 01, 2019 | https://codes.findlaw.com/ri/title-18-fiduciaries/ri-gen-laws-sect-18-15-4/
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