456.10-1003. Damages in absence of breach. — 1. A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
2. 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.
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(L. 2004 H.B. 1511)
Effective 1-01-05, see § 456.11-1104