Minn. Stat. § 501C.1006

Current through Register Vol. 49, No. 8, August 19, 2024
Section 501C.1006 - RELIANCE ON TRUST INSTRUMENT

A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable for a breach of trust to the extent the breach resulted from the reliance.

Minn. Stat. § 501C.1006

2015 c 5 art 10 s 6

Added by 2015 Minn. Laws, ch. 5,s 10-6, eff. 1/1/2016.