Section 55-1B-5 - Excluded fiduciary's liability for loss if trust protector appointed.
55-1B-5. Excluded fiduciary's liability for loss if trust protector appointed. If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon such trust protector's direction.
Source: SL 1997, ch 280, § 5.