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2017 Wisconsin Statutes & Annotations
Chapter 701. Trusts.
701.1010 Limitation on personal liability of trustee.
Universal Citation: WI Stat § 701.1010 (2017)
701.1010 Limitation on personal liability of trustee.
(1) Except as otherwise provided in the contract, a trustee is not personally liable on a contract properly entered into in the trustee's fiduciary capacity in the course of administering the trust if the trustee in the contract disclosed the fiduciary capacity.
(2) A trustee is personally liable for torts committed in the course of administering a trust, or for obligations arising from ownership or control of trust property, including liability for violation of environmental law, only if the trustee is personally at fault.
History: 2013 a. 92.
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