§60-1213. Limitations on actions against trust director.
98 words·~1 min read·
/ok/title-60-property/60-1213A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. An action against a trust director for breach of trust must be commenced within the same limitation period for an action for breach of trust against a trustee in a like position and under similar circumstances.
B. A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. Added by Laws 2024, c. 369, § 14, eff. Nov. 1, 2024.