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Vermont Stat.
2025 Vermont Statutes
Title 14A - Trusts
Chapter 13 - Uniform Directed Trust Act
§ 1313. Limitation of action against trust director
Universal Citation:
14 VT Stats § 1313
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§ 1313. Limitation of action against trust director
(a) An action against a trust director for breach of trust must be commenced within the same limitation period applicable to an action for breach of trust against a trustee in a like position and under similar circumstances.
(b) A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)
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