AgdaPkt 2021.02.22 Joint SA PFA - Laserfiche WebLink

Browse Search

4k Safari File Edit Vtew History Bookmarks Window Heip Cad 6 yri 491/. Lm_J• Mon 1:t6 PM Alison M 0, ® E- ® <ILI C >>� Iia (285,260 unready - alisonmadden@yahoo.ca - Yahoo Mwl 1r codes Display Text to) r rle uuty to act iriparLldny in rndndglrlg the trust property. (7) The duty to not use or deal with trust property for the trustee's own profit or for any other purpose unconnected with the trust, and to not take part in ' ` a transaction in which the trustee has an interest adverse to the beneficiaries. (8) The duty to take reasonable steps under the circumstances to take and keep control of and to preserve the trust property. I ir— 1—Jf 4 (9) The duty to make the trust property productive under the circumstances and in furtherance of the purposes of the trust. (10) The duty to keep the trust property separate from other property not subject to the trust and to see that the trust property is designated as property. of the trust. The duty to to that (11) take reasonable steps enforce claims are part of the trust property. (12) The duty to take reasonable steps to defend actions that may result in a loss to the trust, Screen Shot (13) The duty to rot delegate to others the performance of acts that the trustee can reasonably be required to perform and to not transfer the ° administration of the trust to a cotrustee. if a trustee has properly delegated a matter to an agent, the trustee has a duty to exercise direct supervision over the performance of the delegated matter. W (d) All duties endowed upon a trustee of state lands shall depend upon the terms of the trust, and if there is no provision, express or implied, within the terms of the trust, a statute, or a grant, the trustee's duties shall be interpreted and determined by principles and rules evolved by courts of equity with screen Shot respect to common trust principles. 2021-02-6-43 PM (e) Notwithstanding any other law, and in addition to any other rights and capacities of a trustee to act under law, a trustee of public trust lands shall have the right to bring any action related to its granted public trust lands, including an action to abate a public nuisance, as a representative of the beneficiaries. (f) Common trust principles do not nullify an act of the Legislature or modify its duty under the California Constitution to do all things necessary to execute and administer the public trust. (Amended by Stats. 2016, ch. 368, Sec. 11. (SS 859} Effective September 14, 2016.) 6090- The repeal of any provision of law codified in this division shall not affect any existing vested rights under those repealed provisions or under any contract, permit, lease, or agreement entered into under those repealed provisions, or the rights of any purchaser of school lands sold before the effective date of that repeal. (Added by Stats. 2020, Ch. 311, Sec. 1. (S8 1471) Effective 3anuary 1, 202I.) In (3 a a 1 �tv P9 FA