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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 14A : Trusts

Chapter 010 : LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE

(Cite as: 14A V.S.A. § 1009)
  • § 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.)