75B-2-1007. Event affecting administration or distribution.
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/ut/title-75b/chapter-2/75b-2-1007A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
75B-2-1007. 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 is not liable for a loss resulting from the trustee's lack of knowledge or lack of notice.
Renumbered and Amended by Chapter 310 , 2025 General Session