Improper motive.

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55-1-24.1. Improper motive.

For purposes of §§55-1-24 to 55-1-45, inclusive, improper motive is demonstrated by action such as the following:

(1)A trustee refusing to make or limiting distributions to beneficiaries other than the trustee due to the trustee's self interest when the trustee also holds a beneficial interest subject to a discretionary interest; or

(2)A trustee making a distribution in excess of an ascertainable standard to himself or herself as beneficiary when the trustee is restricted by an ascertainable standard in the trust.

Source: SL 2008, ch 257, §3; SL 2011, ch 212, §31.


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