South Carolina Statutes

§ 62-7-1008 — Exculpation of trustee.

South Carolina § 62-7-1008
JurisdictionSouth Carolina
Title 62SOUTH CAROLINA PROBATE CODE
Ch.ARTICLE 7 - SOUTH CAROLINA TRUST CODE

This text of South Carolina § 62-7-1008 (Exculpation of trustee.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.C. Code Ann. § 62-7-1008 (2026).

Text

A term of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it:

(a)relieves the trustee of liability for breach of trust committed in bad faith or with reckless indifference to the purposes of the trust or the interests of the beneficiaries; or (b) was inserted as the result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor.

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Legislative History

HISTORY: 2005 Act No. 66, SECTION 1; 2013 Act No. 100, SECTION 2, eff January 1, 2014.

Nearby Sections

15
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Bluebook (online)
South Carolina § 62-7-1008, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/62-7-1008.