2006 New Hampshire Statutes - Section 564-B:12-1207 Fiduciary\'s Liability for Action or Inaction of Trust Advisor and Trust Protector.

An excluded fiduciary is not liable for any loss resulting from any action or inaction of a trust advisor or trust protector or for any loss that results from the failure of a trust advisor or trust protector to take any action proposed by the excluded fiduciary that requires authorization of a trust advisor or trust protector if the excluded fiduciary timely sought but failed to obtain that authorization.

Source. 2006, 320:67, eff. Aug. 19, 2006.

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