No liability for loss or depreciation in value of trust property or for no profits.

  1. Law
  2. Maryland Code
  3. Estates and Trusts
  4. Maryland Trust Act.
  5. Liability of Trustees and Rights of Persons Dealing With the Trustee.
  6. No liability for loss or depreciation in value of trust property or for no profits.

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    Absent a breach of trust or the applicable standard of care, 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.


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