(a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
(b) 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.
Section: Previous 28-73-1002 28-73-1003 28-73-1004 28-73-1005 28-73-1006 28-73-1007 28-73-1008 28-73-1009 28-73-1010 28-73-1011 28-73-1012 28-73-1013 NextLast modified: November 15, 2016