Section 815
(a)
A trustee, without authorization by the court, may exercise:
- (1) powers conferred by the terms of the trust; or
- (2) except as limited by the terms of the trust:
- (i) all powers over the trust property which an unmarried competent owner has over individually owned property;
- (ii) any other powers appropriate to achieve the proper investment, management and distribution of the trust property; and
- (iii) any other powers conferred by this chapter.
(b)
The exercise of a power shall be subject to the fiduciary duties prescribed by this article.