46A-10-1003: Damages in absence of breach.
Where this section sits in the code
- Chapter 46A - Uniform Trust Code
- ARTICLE 10 Liability of Trustees and Rights of Persons Dealing with Trustees
A. A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
B. Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.
Collected 2026-09-03T15:02:19Z. Source file · JSON