Louisiana Statutes
§ 9:2206 — Relief from liability by trust instrument
Louisiana·Title 9 Civil Code-Ancillaries
A.The trust instrument may relieve the trustee from liability, except as provided in Sub-sections B and C of this section.
B.A provision in the trust instrument is not effective to relieve the trustee from liability for breach of the duty of loyalty to a beneficiary or for breach of trust committed in bad faith.
C.A provision in the trust instrument is not effective to relieve the trustee from liability if it is inserted as a result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor.
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Related
Matter of Donald E. Bradford Trust
538 So. 2d 263 (Supreme Court of Louisiana, 1989)
Cole v. Mitchell
73 So. 3d 452 (Louisiana Court of Appeal, 2011)
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