Wis. Stat. § 701.1010

Current through Acts 2023-2024, ch. 272
Section 701.1010 - Limitation on personal liability of trustee
(1) Except as otherwise provided in the contract, a trustee is not personally liable on a contract properly entered into in the trustee's fiduciary capacity in the course of administering the trust if the trustee in the contract disclosed the fiduciary capacity.
(2) A trustee is personally liable for torts committed in the course of administering a trust, or for obligations arising from ownership or control of trust property, including liability for violation of environmental law, only if the trustee is personally at fault.

Wis. Stat. § 701.1010

Added by Acts 2013SP1 ch, 92,s 170, eff. 12/15/2013.