Managing State Trust Lands Fiduciary Duty in the Changing West
State Trust Lands in the West: Fiduciary Duty in a Changing Landscape
Comprising almost 40 million acres of land concentrated in nine western states, state trust lands are under increasing pressure from rapid population growth and shifting economies.
This report provides an overview of the complex history, nature and management of state trust lands in the West, explores the challenges facing trust managers in this changing landscape and highlights opportunities for improving and adapting trust management while honoring the unique purpose of these lands and their singular fiduciary mandate.
Many trust managers have been responding to land management challenges with new strategies and approaches, many of which are highlighted in this report: internal and external planning activities such as asset management and collaborative planning, in addition to real estate planning and conservation use.
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