§ 7782. Damages for breach of trust - UTC 1002.
141 words·~1 min read·
/pa/title-20/chapter-77/7782A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 7782. Damages for breach of trust - UTC 1002.
(a)Liability for breach of trust.-- A trustee who commits a breach of trust is liable to the beneficiaries affected.
(b)Contribution.--
(1)Except as otherwise provided in this subsection, if more than one trustee is liable to the beneficiaries for a breach of trust, a trustee is entitled to contribution from the other trustee or trustees.
(2)A trustee is not entitled to contribution if the trustee:
(i)was substantially more at fault than another trustee; or
(ii)committed the breach of trust in bad faith or with reckless indifference to the purposes of the trust or the interests of the beneficiaries.
(3)A trustee who received a benefit from the breach of trust is not entitled to contribution from another trustee to the extent of the benefit received.
20c7783s