20 Pa. C.S. § 7783

Current through P.A. Acts 2023-66
Section 7783 - Damages in absence of breach - UTC 1003
(a) Profit.--A trustee is accountable to an affected beneficiary for any profit, excluding reasonable compensation, made by the trustee arising from the administration of the trust, even absent a breach of trust.
(b) Loss or depreciation.--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.

20 Pa.C.S. § 7783

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