Louisiana Revised Statutes 9:2201 – General rule
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Terms Used In Louisiana Revised Statutes 9:2201
- Trustee: A person or institution holding and administering property in trust.
If a trustee commits a breach of trust he shall be chargeable with:
(1) A loss or depreciation in value of the trust estate resulting from a breach of trust; or
(2) A profit made by him through breach of trust; or
(3) A profit that would have accrued to the trust estate if there had been no breach of trust.