Damages in absence of breach

15-5-1003. Damages in absence of breach. (1) 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. (2) 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: L. 2018: Entire article added, (SB 18-180), ch. 169, p. 1184, � 1, effective January 1, 2019.