State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-10-1003


      (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. This section does not preclude the payment of reasonable trustee compensation.
      (b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Source. 2004, 130:1, eff. Oct. 1, 2004.

State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-10-1003


      (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. This section does not preclude the payment of reasonable trustee compensation.
      (b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Source. 2004, 130:1, eff. Oct. 1, 2004.


State Codes and Statutes

State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-10-1003


      (a) A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. This section does not preclude the payment of reasonable trustee compensation.
      (b) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Source. 2004, 130:1, eff. Oct. 1, 2004.