A. Unless the terms of a trust provide otherwise: 1. A trustee does not have a duty to: a. monitor a trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and
2. By taking an action described in paragraph 1 of this subsection, a trustee does not assume the duty excluded by paragraph 1 of this subsection. B. Unless the terms of a trust provide otherwise: 1. A trust director does not have a duty to: a. monitor a trustee or another trust director, or b. inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and 2. By taking an action described in paragraph 1 of this subsection, a trust director does not assume the duty excluded by paragraph 1 of this subsection. Added by Laws 2024, c. 369, § 12, eff. Nov. 1, 2024.