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2017 Montana Code Annotated
TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
CHAPTER 38. MONTANA UNIFORM TRUST CODE
Part 10. Liability of Trustees and Rights of Persons Dealing with Trustee
72-38-1003. Damages in absence of breach
Universal Citation: MT Code § 72-38-1003 (2017)
72-38-1003. 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.
History: En. Sec. 120, Ch. 264, L. 2013.
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