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5. Trust Policy 210 - Loyalty and Prudence
Handle: Version-79010
Owner: Newcomb, Kellee (User-147, 02075:EVERETT)DS
Friday, June 9, 2017 03:11:52 PM PDT
Sunday, June 11, 2017 02:38:17 AM PDT
Modified By:
- 210 Page 1 of 1 FINANCE Loyalty and Prudence As fiduciaries, the Trustees shall act solely in the interest of participants and their beneficiaries and for the exclusive purpose of providing benefits to participants and their beneficiaries and of defraying reasonable expenses of administering the Trust and the benefits funded directly by the Trust, if any. - The Trustees shall act prudently, with the skill and diligence that a prudent person acting in a similar capacity and familiar with such matters would employ. - Cross Reference: Trust document Legal Reference: WAC 200-110-150 (Applies only if the Trust self-insures any Trust benefits.) Standards for management and operati...
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Appears In: 5. Trust Policy 210 - Loyalty and Prudence