State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-10-1007

§ 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 hasexercised reasonable care to ascertain the happening of the event is not liablefor a loss resulting from the trustee's lack of knowledge. (2005‑192, s. 2.)

State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-10-1007

§ 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 hasexercised reasonable care to ascertain the happening of the event is not liablefor a loss resulting from the trustee's lack of knowledge. (2005‑192, s. 2.)


State Codes and Statutes

State Codes and Statutes

Statutes > North-carolina > Chapter_36C > GS_36C-10-1007

§ 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 hasexercised reasonable care to ascertain the happening of the event is not liablefor a loss resulting from the trustee's lack of knowledge. (2005‑192, s. 2.)