Arizona Statutes
§ 14-11010 — Limitation on personal liability of trustee
Arizona·Title 14 Arizona Revised Statutes·Ch. 11 ARIZONA TRUST CODE·Art. 10 Liability of Trustees and Rights of Persons Dealing with Trustees
A.Except as otherwise provided in the contract, a trustee is not personally liable on a contract properly entered into in the trustee's fiduciary capacity in the course of administering the trust if the trustee in the contract disclosed the fiduciary capacity.
B.A trustee is personally liable for torts committed in the course of administering a trust or for obligations arising from ownership or control of trust property, including liability for violation of environmental law, only if the trustee is personally at fault.
C.A claim based on a contract entered into by a trustee in the trustee's fiduciary capacity, on an obligation arising from ownership or control of trust property or on a tort committed in the course of administering a trust may be asserted in a judicial proceeding again
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Related
Biltmore Associates, LLC v. Twin City Fire Insurance
572 F.3d 663 (Ninth Circuit, 2009)
Furst v. Mayne
(D. Arizona, 2022)
Biltmore Associates v. Twin Cities
(Ninth Circuit, 2009)
Nearby Sections
15
§ 14-10001
Short title§ 14-10002
Definitions§ 14-10003
Scope of chapter§ 14-10004
Chapter supplemented by other law§ 14-10008
Disclaimer of interest by trustee§ 14-10012
Delivery or filing; definition§ 14-10013
When disclaimer barred or limited§ 14-10014
Tax qualified disclaimer§ 14-10015
Recording of disclaimer