Louisiana Statutes
§ 9:2204 — Liability of successor trustee
Louisiana·Title 9 Civil Code-Ancillaries
A trustee shall not be liable to a beneficiary for a breach of trust committed by a predecessor trustee, unless he:
(1)Knows or should know of a situation constituting a breach of trust committed by his predecessor and improperly permits it to continue; or
(2)Neglects to take proper steps to compel the predecessor to deliver the trust property to him; or
(3)Neglects to take proper steps to redress a breach of trust committed by the predecessor.
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Related
Matter of Donald E. Bradford Trust
538 So. 2d 263 (Supreme Court of Louisiana, 1989)
McCaffery v. Lindner
263 So. 3d 1205 (Louisiana Court of Appeal, 2018)
Nearby Sections
15
§ 9:2201
§ 9:2201§ 9:2203
Balancing losses against gains§ 9:2204
Liability of successor trustee§ 9:2205
Liability of co-trustee§ 9:222
Place of issuance§ 9:2221
§ 9:2221§ 9:2222
Remedies against third persons§ 9:223
Form§ 9:2231
§ 9:2231§ 9:2232
Injunctive relief