Except as otherwise provided in the terms of the trust or a court order, a successor trustee appointed under the terms and conditions of the trust or by the court shall not be required or have the duty to review the records, accounts, accounting, or reports of a predecessor trustee, or to inquire about the actions or omissions of the predecessor trustee. Nor shall the trustee be liable for any fault or failure to request or obtain any remedy or redress for any action or omission of a predecessor trustee. The successor trustee shall only be liable for the property, assets, or investments handed over to him by the predecessor trustee, the trustor or trustees, or the beneficiary or beneficiaries. The successor trustee shall have all the powers and discretion granted to predecessor trustees under the terms of the trust. History —Aug. 31, 2012, No. 219, § 48.
Puerto Rico Legal Code