Liability of an Individual Trustee. No individual Trustee (as opposed to a corporate Trustee) shall, with respect to the investment of Trust Estate, be liable for any action taken, or failure to act, unless such action, or failure to act, was done willfully and in bad faith or fraudulently.
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Samples: Oklahoma Revocable Living Trust Of, Missouri Revocable Living Trust Of, Revocable Living Trust Of
Liability of an Individual Trustee. No individual Trustee (as opposed to a corporate Trustee) shall, with respect to the investment of Trust Estatetrust property, be liable for any action taken, or failure to act, unless such action, or failure to act, was done willfully and in bad faith or fraudulentlyfaith.
Appears in 1 contract
Samples: Colorado Revocable Living Trust
