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A. A term of a trust relieving a trustee of liability for breach of trust is unenforceable to the extent that it: 1. Relieves the trustee of liability for breach of trust committed in bad faith or with reckless indifference to the purposes of the trust or the interests of the beneficiaries; or 2. Was inserted as the result of an abuse by the trustee of a fiduciary or confidential relationship to the settlor. B. An exculpatory term drafted or caused to be drafted by the trustee is invalid as an abuse of a fiduciary or confidential relationship unless the trustee proves that the existence and contents of the exculpatory term were adequately communicated to the settlor. 2005, c. 935 , § 55-550.08; 2012, c. 935 .
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