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Section 456.10-1003 Damages in absence of breach.

MO Rev Stat § 456.10-1003 (2019) (N/A)
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Effective 01 Jan 2005, see footnote

456.10-1003. 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.

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(L. 2004 H.B. 1511)

Effective 1-01-05

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Section 456.10-1002 Damages for breach of trust.
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