Beneficiarys consent, release or ratification. If a beneficiary consents to conduct of a trustee that constitutes a breach of trust, releases a trustee from liability for a breach of trust or ratifies a transaction entered into by a trustee that constitutes a breach of trust, the trustee is not liable to the beneficiary for the breach of trust unless: (1) The consent, release or ratification of the beneficiary was induced by improper conduct of the trustee; or (2) At the time of the consent, release or ratification, the beneficiary did not know of the beneficiarys rights or know of the material facts relating to the breach.
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