A dissenting trustee who has joined another trustee in exercising a power is not liable to the beneficiaries or to others for the consequences of the exercise of the power if the dissenting trustee joins because of a requirement for unanimous trustee consent to the exercise of the power. The dissenting trustee's dissent must be presented in writing to a co-trustee and a legally competent beneficiary or, if the beneficiary is a minor or an incompetent person, the representative of the beneficiary. A trustee who is not authorized to exercise a power is not liable to the beneficiaries or to others for
(1) the exercise by a co-trustee of the power; or
(2) the failure to exercise that power.
Section: Previous 13.36.085 13.36.090 13.36.095 13.36.100 13.36.105 13.36.107 13.36.109 13.36.110 13.36.120 13.36.125 13.36.130 13.36.135 13.36.140 13.36.145 13.36.150 NextLast modified: November 15, 2016