[ §554D-1003] No damages in absence of breach.
47 words·~1 min read·
/hi/554d-1003A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ §554D-1003] No damages in absence of breach. Absent a breach of trust, a trustee shall not be liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. [L 2021, c 32, pt of §2]