Coverage note: this corpus holds the
consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check
palegis.us.
§ 7773. Impartiality - UTC 803.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing,
managing and distributing the trust property, giving due regard to the beneficiaries'
respective interests in light of the purposes of the trust. The duty to act impartially
does not mean that the trustee must treat the beneficiaries equally. Rather, the trustee
must treat the beneficiaries equitably in light of the purposes of the trust.
Notes of Decisions
PA Enviro Def. Fdn v. Commonwealth, No. 65 MAP 2020 (Pa. Aug. 5, 2022).
· cites it 3× “at 311 (citing RESTATEMENT (SECOND) OF TRUSTS § 183 and 20 Pa.C.S. § 7773). Under the ERA, the benefit accorded to the people of Pennsylvania as beneficiaries is not an entitlement to income but rather the conservation and maintenance of public natural resources.”
In re Est. of McAleer Apl of: W. McAleer, 248 A.3d 416 (Pa. 2021).
“Pursuant to a trustee’s duty of impartiality, 20 Pa.C.S. § 7773, a trustee is not required to treat all trust beneficiaries equally, but rather “the trustee must treat the beneficiaries equitably in light of the purposes and terms of the trust.”
Marcellus Shale Coalition v. DEP, No. 69 MAP 2021 (Pa. Apr. 19, 2023).
“2d at 773; 20 Pa.C.S. § 7773. Calling upon agency expertise to make permit decisions that comply with the Commonwealth’s trustee obligations does not dissipate the structural difficulties with a statutory scheme that fails both to ensure conservation of the quality and quantity…”
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.