In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.
Vt. Stat. Ann. tit. 14A, § 1314
Defenses in action against trust director
Known as the Uniform Directed Trust Act
The act spans §§ 14A-1301 to 14A-1318 (18 sections).
Added 2023, No. 104 (Adj
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.