[ §554D-1006] Reliance on trust instrument.
53 words·~1 min read·
/hi/554d-1006A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ §554D-1006] Reliance on trust instrument. A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument shall not be liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance. [L 2021, c 32, pt of §2]