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2025 Vermont Statutes
Title 14A - Trusts
Chapter 13 - Uniform Directed Trust Act
§ 1310. Duty to provide information to trust director or trustee

Universal Citation:
14 VT Stats § 1310
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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§ 1310. Duty to provide information to trust director or trustee

(a) Subject to section 1311 of this title, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:

(1) the powers or duties of the trustee; and

(2) the powers or duties of the director.

(b) Subject to section 1311 of this title, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:

(1) the powers or duties of the director; and

(2) the powers or duties of the trustee or other director.

(c) A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in intentional misconduct.

(d) A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in intentional misconduct. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)

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