Me. Rev. Stat. » Title 18-B
Maine Revised Statutes

Me. Rev. Stat. tit. 18-B, § 801 (2026)

Duty to administer trust

✓ current as of May 2026
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Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with this Code.   [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]
SECTION HISTORY
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).
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Notes of Decisions
Cited in 6 cases (2 in the last 5 years), 2011–2026 · leading case: In re George Parsons 1907 Trust, 2017 ME 188 (Me. 2017).
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In re George Parsons 1907 Trust, 2017 ME 188 (Me. 2017). · cites it 3× “” 18-B M.R.S. § 801 (2016) (emphasis added).”
In re George Parsons 1907 Trust, 2017 ME 188 (Me. 2017). · cites it 2× “A trustee may fulfill the duty to administer a trust “in accordance with its terms and purposes,” 18-B M.R.S. § 801 (2016), and “considering .”
Poor v. Lindell (Me. Super. Ct 2023). “18-B M.R.S. §§ 801, 806. In this case, BHTS is not a lay person unfamiliar with activities of a 9 trustee, but rather an institutional trustee, a wholly owned subsidiary of Bar Harbor Bank and Trust.”
Mitchell D. Brown v. Diahanne L. Morse, 2026 ME 51 (Me. 2026). “, 18-B M.R.S. § 801 (providing that a trustee owes the beneficiaries a duty to “administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with [the Trust] Code”); Amy Morris Hess et al.”
Meyer v. Meyer (Me. Super. Ct 2011). “2d 1271, 1276 ; see 18-B M.R.S.A. §§ 801 et seq. (2009) (discussing the duties of a trustee including the duty of loyalty and impartiality).”
Martin v. Harris (Me. Super. Ct 2015). “17 Sections 802 and 803 of the Trust Code require that a trustee "administer the trust solely in the interests of the beneficiaries," and "the trustee shall act impartially in investing, managing and distributing the trust property, giving due regard to the beneficiaries'…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.