The Vermont Statutes Online
The Statutes below include the actions of the 2024 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.
Title 14A : Trusts
Chapter 014 : Uniform Trust Decanting Act
(Cite as: 14A V.S.A. § 1406)-
§ 1406. Reasonable reliance
A trustee or other person who reasonably relies on the validity of a distribution of part or all of the property of a trust to another trust, or a modification of a trust, under this chapter, law of this State other than this chapter, or the law of another jurisdiction is not liable to any person for any action or failure to act as a result of the reliance. (Added 2023, No. 177 (Adj. Sess.), § 1, eff. July 1, 2024.)
