Civil Code · English · 2015
Article 476
2. Sanctions
(1)
The provisions whereby the act of constitution of a trust limits the powers of the trustee, or regulates the manner in which such powers must be exercised, may not be set up against third parties unless it is proved that such third parties were or should have been aware of such provisions.
#(2)
The trustees shall be liable to any persons interested in the endowment for any infringement of the provisions of the act of endowment.
#(3)
The Court may relieve in whole or in part the trustee from such liability where it is of the opinion that the trustee has acted in good faith or believed that he was acting in the interest of the trust and that such belief was reasonable.
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