1. A. Subject to Section 12 of this act, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:

   1. 1. The powers or duties of the trustee; and
   2. 2. The powers or duties of the director.

2. B. Subject to Section 12 of this act, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:

   1. 1. The powers or duties of the director; and
   2. 2. The powers or duties of the trustee or other director.
3. C. A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting, the trustee engages in willful misconduct.
4. D. A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting, the trust director engages in willful misconduct.

Laws 2024, HB 3962, c. 369, § 11, eff. November 1, 2024.