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Limitation of action against trust director

14A V.S.A. § 1313
in effect
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1313. Limitation of action against trust director (a) An action against a trust director for breach of trust must be commenced within the same limitation period applicable to an action for breach of trust against a trustee in a like position and under similar circumstances. (b) A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have in an action for breach of trust against a trustee in a like position and under similar circumstances. Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/14A/013/01313Fetched: 10/21/2026

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