Statute
Section 69 — Trusts Act 2019: Trustee’s liability for acts of appointee limited
Text of the provision Official document
69 Trustee’s liability for acts of appointee limited A trustee is not liable in a proceeding brought by or on behalf of a beneficiary for any act or default of an appointee of the trustee unless the trustee failed— (a) to fulfil any of the trustee’s mandatory duties or the trustee’s default duties (where applicable) in appointing the person under section 67 ; or (b) to fulfil the trustee’s duties under section 68 .
Official source: legislation.govt.nz
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