Current with changes from the 2024 Legislative Session
Section 9:2206 - Relief from liability by trust instrumentA. The trust instrument may relieve the trustee from liability, except as provided in Sub-sections B and C of this section.B. A provision in the trust instrument is not effective to relieve the trustee from liability for breach of the duty of loyalty to a beneficiary or for breach of trust committed in bad faith.C. A provision in the trust instrument is not effective to relieve the trustee from liability if it is inserted as a result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor.