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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Chapter 31: Uniform Trust Code
Section: 3B:31-75: Reliance on trust instrument.
3B:31-75. Reliance on Trust Instrument.
A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
L.2015, c.276, s.1.
This section added to the Rutgers Database: 2016-02-15 11:39:09.
Older versions of 3b:31-75 (if available):
Court decisions that cite this statute: