5810.07 Reasonable care to ascertain material event.
5810.07 Reasonable care to ascertain material event.
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.
Effective Date: 01-01-2007