Maine § 18-B §2110 Duty to provide information to trust director or trustee

Maine Statutes

§ 18-B §2110 — Duty to provide information to trust director or trustee

Maine·Title 18-B TRUSTS·Part 2 MAINE UNIFORM DIRECTED TRUST ACT

1.Trustee's duty to provide information. Subject to section 2111, a trustee shall provide information to a trust director to the extent the information is reasonably related to both:

2.Trust director's duty to provide information. Subject to section 2111, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related to both:

3.Trustee acts in reliance. A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.

4.Trust director acts in reliance. A trust director that acts in reliance on information provided by a trustee or another trust director is n

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1.
Trustee's duty to provide information.
Subject to section 2111, a trustee shall provide information to a trust director to the extent the information is reasonably related to both:
2.
Trust director's duty to provide information.
Subject to section 2111, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related to both:
3.
Trustee acts in reliance.
A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.
4.
Trust director acts in reliance.
A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in willful misconduct.

Maine § 18-B §2110 (Duty to provide information to trust director or trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.