(1) A trustee is not liable to a beneficiary for breach of trust if the beneficiary
consented to the conduct constituting the breach, released the trustee from liability
for the breach, or ratified the transaction constituting the breach, unless:
(a) The consent, release, or ratification of the beneficiary was induced by improper
conduct of the trustee; or
(b) At the time of the consent, release, or ratification, the beneficiary did not
know of the beneficiary's rights or of the material facts relating to the breach.
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