[§673-1] Waiver of immunity. (a) The State waives its immunity for any breach of trust or fiduciary duty resulting from the acts or omissions of its agents, officers and employees in the management and disposition of trust funds and resources of:
and shall be liable in the same manner and to the same extent as a private individual under like circumstances, but shall not be liable for punitive damages.
(b) This waiver shall not apply to the following: