No duty to monitor, inform, or advise trust director or trustee.

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(1) Unless the terms of a trust provide otherwise:

(a) A trustee does not have a duty to:

(i) Monitor a trust director; or

(ii) Inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the director; and

(b) By taking an action described in (a) of this subsection, a trustee does not assume the duty excluded by (a) of this subsection.

(2) Unless the terms of a trust provide otherwise:

(a) A trust director does not have a duty to:

(i) Monitor a trustee or another trust director; or

(ii) Inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the director might have acted differently than a trustee or another trust director; and

(b) By taking an action described in (a) of this subsection, a trust director does not assume the duty excluded by (a) of this subsection.

[ 2020 c 303 § 11.]


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