Vermont § 1105 - Fiduciary’s liability for action or inaction of trustee,
Full text of Vermont Vermont Statutes Online § 1105 — Fiduciary’s liability for action or inaction of trustee,, with citation guidance and answers to common questions.
§ 1105. Fiduciary’s liability for action or inaction of trustee,
- trust advisor, and trust protector An excluded fiduciary is not liable for: (1) any loss resulting from any action or inaction of a trustee, trust advisor, or trust protector; or (2) any loss that results from the failure of a trustee, trust advisor, or trust protector to take any action proposed by the excluded fiduciary where such action requires the authorization of the trustee, trust advisor, or trust protector, provided that an excluded fiduciary who had a duty to propose such action timely sought but failed to obtain the authorization. (Added 2009, No. 20, § 1.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 1105
What does Vermont Statutes Online § 1105 cover?
Section 1105 ("Fiduciary’s liability for action or inaction of trustee,") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 1105?
A common citation format is "Vermont Statutes Online § 1105" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 1105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.