UTC
§ 7. Investment Costs.
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
DC
Omitted.
MD
§ 15-114. Guidelines and standards for investment of assets
(b) A fiduciary shall:
(8) Incur only costs that are reasonable in amount and appropriate to the investment responsibilities of the fiduciary appointment [MISSING "AND THE SKILLS OF THE TRUSTEE."].
VA
§ 64.2-786. Investment costs
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
