Delaware Statutes

§ 3586 — Reliance on governing instrument

Delaware § 3586

JurisdictionDelaware

Title12

PartFiduciary Relations

Ch. 35TRUSTS

Subch.Liability of Trustees and Rights of Persons Dealing With Trustee

This text of Delaware § 3586 (Reliance on governing instrument) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 12, § 3586 (2026).

Text

A trustee who acted in good faith reliance on the terms of a written governing instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.

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Legislative History

72 Del. Laws, c. 388, § 7 ; 82 Del. Laws, c. 52, § 2

Nearby Sections

15

§ 3501

Appointment authorized; effect of execution of power by appointee

§ 3502

Procedure for appointment of trustee

§ 3503

Appointment of trustee to convey realty; effect of conveyance by appointee

§ 3504

Appointment of trustee to assign term of years; effect of assignment by appointee

§ 3505

Appointment of trustee to transfer stock or collect and pay over dividends; effect of appointee’s acts

§ 3506

Appointment of trustee to convey, assign or transfer trust property from discharged or removed trustee to successor

§ 3507

Order of appointment

§ 3508

Appointment of fiduciary to receive benefits payable by the United States

§ 3509

Vesting of title to trust property in successor trustee

§ 3510

Vesting of title to trust realty in successor trustee appointed pursuant to trust instrument; deed of appointment

§ 3521

Trustees’ accounts in general

§ 3522

Trustees’ accounts for inter vivos trusts

§ 3523

Trustees’ accounts in wills probated prior to April 5, 1909

§ 3524

Trustees’ accounts for other testamentary trusts [For application of this section, see 80 Del. Laws, c. 153, § 5]

§ 3525

Filing of trustees’ accounts; contents; approval

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Bluebook (online)

Delaware § 3586, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/12/3586.