Tennessee Code 35-15-1003 – Damages in absence of breach
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Terms Used In Tennessee Code 35-15-1003
- Property: means anything that may be the subject of ownership, whether real or personal, legal or equitable, or any interest therein. See Tennessee Code 35-15-103
Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.