§ 1006. Reliance on trust instrument
A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance. (Added 2009, No. 20, § 1.)
Structure Vermont Statutes
Chapter 10 - Liability of Trustees and Rights of Persons Dealing With Trustee
§ 1001. Remedies for breach of trust
§ 1002. Damages for breach of trust
§ 1003. Damages in absence of breach
§ 1004. Attorney’s fees and costs
§ 1005. Limitation of action against trustee
§ 1006. Reliance on trust instrument
§ 1007. Event affecting administration or distribution
§ 1008. Exculpation of trustee
§ 1009. Beneficiary’s consent, release, or ratification
§ 1010. Limitation on personal liability of trustee
§ 1011. Interest as general partner