20 Pa. C.S. § 7782

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 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.

20 Pa.C.S. § 7782

2006, July 7, P.L. 625, No. 98, §9, effective in 120 days [ 11/6/2006].