North Carolina General Statutes 36C-10-1006. Reliance on trust instrument
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes 36C-10-1006
- Trustee: A person or institution holding and administering property in trust.
A trustee who acts in reasonable reliance on the terms of the trust as expressed in a trust instrument is not liable for a breach of trust to the extent that the breach resulted from the reliance. (2005-192, s. 2.)