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La. Rev. Stat. § 9:2207

Relief from liability by beneficiary

Louisiana · Louisiana Revised Statutes Title 9 — Civil Code-Ancillaries · Status: effective

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La. Rev. Stat. § 9:2207, Relief from liability by beneficiary, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2646584
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A beneficiary who is acting with knowledge of the material facts and whose action is not improperly induced by the conduct of a trustee may, by written instrument delivered to a trustee, relieve a trustee from liabilities that otherwise would be imposed upon him. The instrument shall not be effective if it limits prospectively and in general terms a trustee's liability for breach of the duty of loyalty to a beneficiary, or for breach of trust in bad faith.