Reliance by Trustees. (a) The Trustees may consult with legal counsel, auditors or other experts to be selected by them and the advice or opinion of such counsel, auditors, or other experts shall be full and complete personal protection to the Trustees and agents of the Trust in respect of any action taken or suffered by the Trustees in good faith and in the reliance on, or in accordance with, such advice or opinion.
Appears in 6 contracts
Samples: Agreement and Declaration of Trust (DC Industrial Liquidating Trust), Limited Liability Company Agreement (Colony NorthStar, Inc.), Acceptance and Assumption Agreement (N1 Liquidating Trust)
