A trustee who acted in good faith reliance on the terms of a written governing instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.

72 Del. Laws, c. 388, § ?7; 82 Del. Laws, c. 52, § 2;

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Terms Used In Delaware Code Title 12 Sec. 3586

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
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