Vermont § 1310 Duty to provide information to trust director or trustee

Vermont Statutes

§ 1310 — Duty to provide information to trust director or trustee

Vermont § 1310

Title 14ATitle 14A: Trusts

Ch. 13Chapter 013: Uniform Directed Trust Act

This text of Vermont § 1310 (Duty to provide information to trust director or trustee) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 14A, § 1310 (2026).

Text

(a)Subject to section 1311 of this title, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:

(1)the powers or duties of the trustee; and

(2)the powers or duties of the director.

(b)Subject to section 1311 of this title, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:

(1)the powers or duties of the director; and

(2)the powers or duties of the trustee or other director.

(c)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 intentional misconduct.

(d)A trust director that

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(a) Subject to section 1311 of this title, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:
(1) the powers or duties of the trustee; and
(2) the powers or duties of the director.
(b) Subject to section 1311 of this title, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:
(1) the powers or duties of the director; and
(2) the powers or duties of the trustee or other director.
(c) 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 intentional misconduct.
(d) 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 intentional misconduct. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)