S.C. Code § 62-7-1007

Current through 2024 Act No. 225.

Section 62-7-1007 - 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.

S.C. Code § 62-7-1007

Amended by 2013 S.C. Acts, Act No. 100 (SB 143), s 2, eff. 1/1/2014.

2005 Act No. 66, Section 1.