Idaho Code § 68-106A
This is the official text of Idaho Code § 68-106A, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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68-106A FIDUCIARY DUTY TO DETERMINE EQUIVALENT VALUE OF SUBSTITUTED PROPERTY.
Official statutory text
68-106A. Fiduciary duty to determine equivalent value of substituted property. Notwithstanding the terms of a trust instrument, if a grantor has the power to substitute property of equivalent value, a trustee has a fiduciary duty to determine that the substitute property is of equivalent value, prior to allowing the substitution.
History:
[68-106A, added 2011, ch. 35, sec. 1, p. 78.]
History:
[68-106A, added 2011, ch. 35, sec. 1, p. 78.]
Status: in_force · Read it on the official government site
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