Maine § 18-B §1009 Beneficiary's consent, release or ratification

Maine Statutes

§ 18-B §1009 — Beneficiary's consent, release or ratification

Maine § 18-B §1009

Title 18-BTRUSTS

Part 1MAINE UNIFORM TRUST CODE

Ch. 10LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE

This text of Maine § 18-B §1009 (Beneficiary's consent, release or ratification) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 18-B, § 18-B §1009 (2026).

Text

A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach or ratified the transaction constituting the breach, unless:

1.Induced by improper conduct. The consent, release or ratification of the beneficiary was induced by improper conduct of the trustee; or

2.Beneficiary did not know rights. At the time of the consent, release or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.

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A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the conduct constituting the breach, released the trustee from liability for the breach or ratified the transaction constituting the breach, unless:
1.
Induced by improper conduct.
The consent, release or ratification of the beneficiary was induced by improper conduct of the trustee; or
2.
Beneficiary did not know rights.
At the time of the consent, release or ratification, the beneficiary did not know of the beneficiary's rights or of the material facts relating to the breach.