Kansas Statutes
§ 58a-1003 — Damages in absence of breach
Kansas·Ch. 58a KANSAS UNIFORM TRUST CODE·Art. 10 LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE
(a)A trustee is accountable to an affected beneficiary for any profit made by the trustee, other than compensation earned, 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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Kansas § 58a-1003 (Damages in absence of breach) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Kastner v. Intrust Bank
569 F. App'x 593 (Tenth Circuit, 2014)
In re Bradley Trust
(Court of Appeals of Kansas, 2021)
Legislative History
L. 2002, ch. 133, § 78; January 1, 2003.
Nearby Sections
15
§ 58a-1001
Remedies for breach of trust§ 58a-1002
Damages for breach of trust§ 58a-1003
Damages in absence of breach§ 58a-1004
Attorney fees and costs§ 58a-1005
Limitation of action against trustee§ 58a-1006
Reliance on trust instrument§ 58a-1008
Exculpation of trustee§ 58a-101
Short title§ 58a-1011
Interest as general partner§ 58a-1013
Certification of trust§ 58a-102
Scope