Relief from liability by beneficiary

La. Rev. Stat. § 9:2207, under Civil Code-Ancillaries.

La. Rev. Stat. § 9:2207

§2207. Relief from liability by beneficiary A beneficiary who is acting with knowledge of the material facts and whose action is not improperly induced by the conduct of a trustee may, by written instrument delivered to a trustee, relieve a trustee from liabilities that otherwise would be imposed upon him. The instrument shall not be effective if it limits prospectively and in general terms a trustee's liability for breach of the duty of loyalty to a beneficiary, or for breach of trust in bad faith. Amended by Acts 2020, No. 18, §1.