Limitation of Liability of Trustees. No Trustee shall be liable or responsible for any acts or defaults of any co- Trustee, any other fiduciary, any party-in-interest or any other person except in accordance with applicable law.
Appears in 7 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Limitation of Liability of Trustees. No Trustee shall be liable or responsible for his own acts or for any acts or defaults of any co- Trustee, any other fiduciary, any party-in-fiduciary or party in interest or any other person except in accordance with applicable federal law.
Appears in 1 contract
Samples: Agreement and Declaration
