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