Recordkeeping and identification of trust property

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A trustee shall keep adequate records of the administration of the trust.

A trustee shall keep trust property separate from the trustee's own property.

Except as otherwise provided in subsection (d), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.

If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two (2) or more separate trusts.


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