Vermont § 1313 Limitation of action against trust director

Vermont Statutes

§ 1313 — Limitation of action against trust director

Vermont § 1313

Title 14ATitle 14A: Trusts

Ch. 13Chapter 013: Uniform Directed Trust Act

This text of Vermont § 1313 (Limitation of action against trust director) 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, § 1313 (2026).

Text

(a)An action against a trust director for breach of trust must be commenced within the same limitation period applicable to an action for breach of trust against a trustee in a like position and under similar circumstances.

(b)A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)

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(a) An action against a trust director for breach of trust must be commenced within the same limitation period applicable to an action for breach of trust against a trustee in a like position and under similar circumstances.
(b) A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)