← belizelaw.ai · Trusts, Cap. 202 · PART VII — Breach of Trust

Beneficiary may relieve or indemnify a Trustee

Cap. 202, s. 53 · Revised Edition 2020

(1) A beneficiary may relieve a trustee of liability to him for a breach of trust or indemnify a trustee against liability for a (2) Sub-section (1) does not apply if the beneficiary– (a) is a minor or a person under legal disability; (b) does not have full knowledge of all material facts; or (c) is improperly induced by the trustee to act under sub-section (1).
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