Article 57 - Exculpation of Trustee

A term of a Trust relieving a Trustee of liability for breach of trust is unenforceable to the extent that it:

(A) relieves the Trustee of liability for breach of trust committed in bad faith or with reckless indifference to the purposes of the Trust or the interests of the Beneficiaries; or
(B) was inserted as the result of an abuse by the Trustee of a fiduciary or confidential relationship with the Settlor.
Amended (as from 24th December 2017).