Mo. Rev. Stat. § 456.10-1003

Current with changes from the 2023 Legislative Session

Section 456.10-1003 - 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.

§ 456.10-1003, RSMo

L. 2004H.B. 1511
Effective 1/1/2005