Current with changes from the 2024 Legislative Session
Section 456.10-1003 - Damages in absence of breach1. 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. L. 2004H.B. 1511
Effective 1/1/2005