Maine Revised Statutes

Me. Rev. Stat. tit. 18-A, § 7-306 (2026)

Personal liability of trustee to 3rd parties

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1979, c. 540, §1 (NEW). PL 2003, c. 618, §B11 (RP). PL 2003, c. 618, §B20 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Notes of Decisions
Cited in 4 cases, 1990–2006 · leading case: Gen. Am. Life Ins. Co. v. Lee Castonguay, Jerry Fitzpatrick, Charles Kilmer Alex G. Sieben, 984 F.2d 1518 (9th Cir. 1993).
Gen. Am. Life Ins. Co. v. Lee Castonguay, Jerry Fitzpatrick, Charles Kilmer Alex G. Sieben, 984 F.2d 1518 (9th Cir. 1993). “730; Me.Rev.Stat.Ann. tit. 18-A, § 7-306; Mass.”
Maine Shipyard & Marine Ry. v. Lilley, 2000 ME 9 (Me. 2000). · cites it 2× “Lilley asserts that the court erred because it found liability pursuant to 18-A M.R.S.A. § 7-306 (1998) and that his conduct does not fall within the statute.”
Bay of Naples Condo. Ass'n v. Lewis, 582 A.2d 1210 (Me. 1990). “See Restatement (Second) of Trusts § 264 (1959); see also 18-A M.R.S.A. § 7-306(b) (1981) (limiting liability to those torts for which the trustee is personally at fault).”
Est. of Silsby, 914 A.2d 703 (Me. 2006). “[¶ 23] Pursuant to 18-A M.R.S.A. § 7-306, a trustee could be held personally liable for torts committed in the course of trust administration.”
— Me. Rev. Stat. tit. 18-A, § 7-306(a) — 1 case
Maine Shipyard & Marine Ry. v. Lilley, 2000 ME 9 (Me. 2000). “Lilley asserts that the court erred because it found liability pursuant to 18-A M.R.S.A. § 7-306 (1998) and that his conduct does not fall within the statute.”
— Me. Rev. Stat. tit. 18-A, § 7-306(b) — 1 case
Bay of Naples Condo. Ass'n v. Lewis, 582 A.2d 1210 (Me. 1990). “See Restatement (Second) of Trusts § 264 (1959); see also 18-A M.R.S.A. § 7-306(b) (1981) (limiting liability to those torts for which the trustee is personally at fault).”
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