68-118. FAILURE TO DEMAND CERTIFICATION OR REFUSAL TO ACCEPT AND RELY ON CERTIFICATION NOT IMPROPER ACT — LIABILITY. A person’s failure to demand a certification of trust, or his refusal to accept and rely solely on a certification of trust, may not be considered to be an improper act by him and no inference as to whether he has acted in good faith may be drawn from the failure to demand, or the refusal to accept and rely upon, a certification of trust. This section creates no implication that a person is liable for acting in reliance upon a certification of trust under circumstances where the requirements of sections 68-114 through 68-119, Idaho Code, are not satisfied.
History:
[68-118, added 1998, ch. 302, sec. 5, p. 997.]
Structure Idaho Code
Title 68 - TRUSTS AND FIDUCIARIES
Section 68-101 - TRUSTEES — POWER OF DISTRICT COURT TO APPOINT.
Section 68-102 - DEATH, RENUNCIATION, OR DISCHARGE OF TRUSTEE — SURVIVAL OF TRUST.
Section 68-103 - COMPENSATION OF TRUSTEES.
Section 68-104 - UNIFORM TRUSTEES’ POWERS ACT — DEFINITIONS.
Section 68-105 - POWERS OF TRUSTEE CONFERRED BY TRUST OR BY LAW.
Section 68-106 - POWERS OF TRUSTEES CONFERRED BY THIS ACT.
Section 68-106A - FIDUCIARY DUTY TO DETERMINE EQUIVALENT VALUE OF SUBSTITUTED PROPERTY.
Section 68-109 - POWERS EXERCISABLE BY JOINT TRUSTEES — LIABILITY.
Section 68-110 - THIRD PERSONS PROTECTED IN DEALING WITH TRUSTEE.
Section 68-111 - APPLICATION OF ACT.
Section 68-112 - UNIFORMITY OF INTERPRETATION.
Section 68-115 - CONTENTS OF CERTIFICATION OF TRUST.
Section 68-117 - RELIANCE ON FACTS CONTAINED IN CERTIFICATION — ENFORCEABILITY.