Event affecting administration or distribution.

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Effective - 01 Jan 2005

456.10-1007. 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.

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(L. 2004 H.B. 1511)

Effective 1-01-05


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