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Code · North Carolina · Chapter 36C — North Carolina Uniform Trust Code

§ 36C-10-1007. Event affecting administration or distribution.

60 words·~1 min read·/nc/chapter-36c/36c-10-1007

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§ 36C-10-1007. 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. (2005-192, s. 2.)
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