There Is a Newer Version of the New Hampshire Revised Statutes
  1. 2023 N.H. Rev. Stat.
  2. 2022 N.H. Rev. Stat.
  3. 2021 N.H. Rev. Stat.
  4. 2014 N.H. Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2014 New Hampshire Revised Statutes
Title LVI - PROBATE COURTS AND DECEDENTS' ESTATES
Chapter 564-B - UNIFORM TRUST CODE
Section 564-B:10-1003 - Damages in Absence of Breach.

NH Rev Stat § 564-B:10-1003 (2014) What's This?

    564-B:10-1003 Damages in Absence of Breach. – (a) A trustee, trust advisor, or trust protector is accountable to an affected beneficiary for any profit made by that trustee, trust advisor, or trust protector arising from the administration of the trust, even absent a breach of trust. This section does not preclude the payment of reasonable compensation to a trustee, trust advisor, or trust protector.
    (b) Absent a breach of trust, a trustee, trust advisor, or trust protector is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:41, eff. July 1, 2014.


Disclaimer: These codes may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.