14A V.S.A. § 1003: Damages in absence of breach
Where this section sits in the code
- Title 14A: Trusts
- Chapter 010: Liability of Trustees and Rights of Persons Dealing with Trustee
(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. Nothing in this section limits a trustee’s right to reasonable compensation under section 708 of this title.
(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 2026-09-05T17:16:59Z. Source file · JSON