Limitation of action against trust director

(1) An action against a trust director for breach of trust shall be commenced within the same limitation period as under KRS 386B.10-050 for an action for breach of trust against a trustee in a like position and under similar circumstances. (2) A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have under KRS 386B.10-050 in an action for breach of trust against a trustee in a like position and under similar circumstances.