RS 9:2205 Liability of co-trustee - Louisiana Statutes

§2205.  Liability of co-trustee

A trustee shall not be liable to a beneficiary for a breach of trust committed by a co-trustee, unless he:

(1)  Participates in a breach of trust committed by his co-trustee;

(2)  Delegates improperly the administration of the trust to his co-trustee;

(3)  Conceals, approves, or acquiesces in a breach of trust committed by his co-trustee;

(4)  Enables his co-trustee to commit a breach of trust by his failure to exercise reasonable care in the administration of the trust; or

(5)  Neglects to take proper steps to compel his co-trustee to redress a breach of trust.