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2021 Statute



Prev Article 10. - LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEENext


58a-1007.Event affecting administration or distribution. If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge.

History: L. 2002, ch. 133, § 82; Jan. 1, 2003.



Prev Article 10. - LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEENext
2024. Powered by KLISS. Rendered: 2024-03-29T01:07:39. Head Rev No: 893615(E)