A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
KRS 386B.10-060
Reliance on trust instrument
Known as the Uniform Trust Code
The act spans §§ 386B.10-010 to 386B.9-010 (95 sections).
Effective: July 15, 2014 History: Created 2014 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.