Kansas Statutes

§ 58a-1003 — Damages in absence of breach

Kansas § 58a-1003
JurisdictionKansas
Ch. 58aKANSAS UNIFORM TRUST CODE
Art. 10LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE

This text of Kansas § 58a-1003 (Damages in absence of breach) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Kan. Stat. Ann. § 58a-1003 (2026).

Text

(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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Related

Kastner v. Intrust Bank
569 F. App'x 593 (Tenth Circuit, 2014)
2 case citations
In re Bradley Trust
(Court of Appeals of Kansas, 2021)

Legislative History

L. 2002, ch. 133, § 78; January 1, 2003.

Nearby Sections

15
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Bluebook (online)
Kansas § 58a-1003, Counsel Stack Legal Research, https://law.counselstack.com/statute/ks/58a-1003.