Damages in absence of breach.

Utah Code § 75B-2-1003, under Part 75B-2-10: Liability of Trustees and Rights of Persons Dealing with Trustee.

Utah Code § 75B-2-1003

75B-2-1003. 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.