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2019 Louisiana Laws
Revised Statutes
Title 9 - Civil Code-Ancillaries
§2206. Relief from liability by trust instrument
Universal Citation: LA Rev Stat § 9:2206 (2019)
RS 2206 - Relief from liability by trust instrument
A. The trust instrument may relieve the trustee from liability, except as provided in Sub-sections B and C of this section.
B. A provision in the trust instrument is not effective to relieve the trustee from liability for breach of the duty of loyalty to a beneficiary or for breach of trust committed in bad faith.
C. A provision in the trust instrument is not effective to relieve the trustee from liability if it is inserted as a result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor.
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