District of Columbia Statutes

§ 19-1310.03 — Damages in absence of breach.

District of Columbia § 19-1310.03
JurisdictionDistrict of Columbia
Title 19Descent, Distribution, and Trusts. [Enacted title]
Ch. 13Uniform Trust Code.
Subch. XLiability of Trustees and Rights of Persons Dealing with Trustee.

This text of District of Columbia § 19-1310.03 (Damages in absence of breach.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
D.C. Code § 19-1310.03 (2026).

Text

(a)A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
(b)Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

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Legislative History

Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208

Nearby Sections

15
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Bluebook (online)
District of Columbia § 19-1310.03, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/19-1310.03.