Section 15-16-814 - Defenses in action against trust director

In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.Added by 2019 Ch. 51,§ 1, eff. 8/2/2019.L. 2019: Entire part R & RE, (SB 19-105), ch. 172, p. 172, § 1, effective August 2.