UTC
§ 6. Impartiality.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
DC
Omitted.
MD
§ 15-114. Guidelines and standards for investment of assets
***MD E&T § 15-114(b)(6) corresponds to UPIA § 5 and § 6***
(b) A fiduciary shall:
(6) Pursue an investment strategy that considers both the reasonable production of income and safety of capital, consistent with the fiduciary's duty of loyalty and impartiality and the purposes for which the fiduciary was appointed.
VA
§ 64.2-785. Loyalty and impartiality
***VA § 64.2-785 corresponds to UPIA § 5 and § 6***
A. A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.
B. If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
