The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 14A V.S.A. § 1009)
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§ 1009. Beneficiary’s consent, release, or ratification
A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented
to the conduct constituting the breach, released the trustee from liability for the
breach, or ratified the transaction constituting the breach, unless:
(1) the consent, release, or ratification of the beneficiary was induced by improper conduct
of the trustee; or
(2) at the time of the consent, release, or ratification, the beneficiary did not know
of the beneficiary’s rights or of the material facts relating to the breach. (Added 2009, No. 20, § 1.)