Code · Louisiana · Title 9 — Civil Code-Ancillaries

RS 9:2201

72 words·~1 min read·/la/title-9/9-468

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

RS 9:2201

PART VII. LIABILITIES OF THE TRUSTEE

§2201. General rule

If a trustee commits a breach of trust he shall be chargeable with:

(1)A loss or depreciation in value of the trust estate resulting from a breach of trust; or

(2)A profit made by him through breach of trust; or

(3)A profit that would have accrued to the trust estate if there had been no breach of trust.