Kan. Stat. § 58a-1003

Current through 2024 Session Acts Chapter 111
Section 58a-1003 - Damages in absence of breach
(a) A trustee is accountable to an affected beneficiary for any profit made by the trustee, other than compensation earned, arising from the administration of the trust, even absent a breach of trust.
(b) 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.

K.S.A. 58a-1003

L. 2002, ch. 133, § 78; 1/1/2003.