72-38-1003. Damages in absence of breach.
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/mt/title-72/chapter-38/part-10/72-38-1003·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-38-1003 . Damages in absence of breach.
(1)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.
(2)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.