Trustee succession non liability: successor trustees are not responsible for the acts or defaults of predecessors. A trustee who succeeds another is not, in the capacity of successor, liable for the acts or defaults committed by the predecessor; succession does not, by itself, transfer personal liability for prior breaches or defaults attributable to the former trustee.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Trustee succession non liability: successor trustees are not responsible for the acts or defaults of predecessors.
A trustee who succeeds another is not, in the capacity of successor, liable for the acts or defaults committed by the predecessor; succession does not, by itself, transfer personal liability for prior breaches or defaults attributable to the former trustee.
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