75-7-1007 - Event affecting administration or distribution.

75-7-1007. Event affecting administration or distribution.
If the happening of an event, including marriage, divorce, performance of educationalrequirements, or death, affects the administration or distribution of a trust, a trustee is not liablefor a loss resulting from the trustee's lack of knowledge or lack of notice.

Enacted by Chapter 89, 2004 General Session