# 18-B M.R.S. § 1005: 18-B §1005. Limitation of action against trustee

> Maine · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1005

## Section

- **Citation:** 18-B M.R.S. § 1005
- **Heading:** 18-B §1005. Limitation of action against trustee
- **Jurisdiction:** Maine
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ME Code / Title 18-B / Part 1 / Chapter 10 / Section 1005

## Text

1. Report; one-year limitation. A beneficiary may not commence a proceeding against a trustee for breach of trust more than one year after the date the beneficiary or a representative of the beneficiary was sent a report that adequately disclosed the existence of a potential claim for breach of trust and informed the beneficiary of the time allowed for commencing a proceeding. [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]

2. Disclosure of potential claim. A report adequately discloses the existence of a potential claim for breach of trust if it provides sufficient information so that the beneficiary or representative knows of the potential claim or should have inquired into its existence. [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]

3. Six years. If subsection 1 does not apply, a judicial proceeding by a beneficiary against a trustee for breach of trust must be commenced within 6 years after the first to occur of: A. The removal, resignation or death of the trustee; [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).] B. The termination of the beneficiary's interest in the trust; and [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).] C. The termination of the trust. [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).] [PL 2003, c. 618, Pt. A, §1 (NEW); PL 2003, c. 618, Pt. A, §2 (AFF).]

## Nearby sections

- [18-B M.R.S. § 1001 18-B §1001. Remedies for breach of trust](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1001.md)
- [18-B M.R.S. § 1002 18-B §1002. Damages for breach of trust](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1002.md)
- [18-B M.R.S. § 1003 18-B §1003. Damages in absence of breach](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1003.md)
- [18-B M.R.S. § 1004 18-B §1004. Attorney's fees and costs](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1004.md)
- [18-B M.R.S. § 1005 18-B §1005. Limitation of action against trustee](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1005.md)
- [18-B M.R.S. § 1006 18-B §1006. Reliance on trust instrument](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1006.md)
- [18-B M.R.S. § 1007 18-B §1007. Event affecting administration or distribution](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1007.md)
- [18-B M.R.S. § 1008 18-B §1008. Exculpation of trustee](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1008.md)
- [18-B M.R.S. § 1009 18-B §1009. Beneficiary's consent, release or ratification](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1009.md)
- [18-B M.R.S. § 1010 18-B §1010. Limitation on personal liability of trustee](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1010.md)
- [18-B M.R.S. § 1011 18-B §1011. Interest as general partner](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1011.md)
- [18-B M.R.S. § 1012 18-B §1012. Protection of person dealing with trustee](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1012.md)
- [18-B M.R.S. § 1013 18-B §1013. Certification of trust](https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1013.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ME_T18-B_P1_C10_S1005. Check the current official text before relying on it. Not legal advice.