58a-1009. Beneficiary's consent, release, or ratification. A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach, or ratified the transaction constituting the breach, unless:
(1) The consent, release, or ratification of the beneficiary was induced by improper conduct of the trustee; or
(2) at the time of the consent, release, or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.
History: L. 2002, ch. 133, ยง 84; Jan. 1, 2003.
Structure Kansas Statutes
Chapter 58a - Kansas Uniform Trust Code
Article 10 - Liability Of Trustees And Rights Of Persons Dealing With Trustee
58a-1001 Remedies for breach of trust.
58a-1002 Damages for breach of trust.
58a-1003 Damages in absence of breach.
58a-1004 Attorney fees and costs.
58a-1005 Limitation of action against trustee.
58a-1006 Reliance on trust instrument.
58a-1007 Event affecting administration or distribution.
58a-1008 Exculpation of trustee.
58a-1009 Beneficiary's consent, release, or ratification.
58a-1010 Limitation on personal liability of trustee.
58a-1011 Interest as general partner.