15-7-307. Limitations on proceedings against trustees after final account.
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/id/title-15-uniform-probate-code/chapter-7-trust-administration/15-7-307·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless previously barred by adjudication, consent or limitation, any claim against a trustee for breach of trust is barred as to any beneficiary who has received a final account or other statement fully disclosing the matter and showing termination of the trust relationship between the trustee and the beneficiary unless a proceeding to assert the claim is commenced within six
(6)months after receipt of the final account or statement. In any event and notwithstanding lack of full disclosure a trustee who has issued a final account or statement received by the beneficiary and has informed the beneficiary of the location and availability of records for his examination is protected after three
(3)years. A beneficiary is deemed to have received a final account or statement if, being an adult, it is received by him personally or if, being a minor or disabled person, it is received by his representative as described in subsections (a)(1) and
(2)of section
15-1-403
of this code.