-
(a) A trustee, without authorization by a court, may exercise:
-
(1) powers conferred by the terms of the trust; and
-
(2) except as limited by the terms of the trust:
-
(A) all powers over the trust property which an unmarried competent owner has over individually owned property;
-
(B) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
-
(C) any other powers conferred by this chapter.
-
-
-
(b) The exercise of a power is subject to the fiduciary duties prescribed by this subchapter.