N.C. Gen. Stat. § 36C-10-1007

Current through Session Law 2024-53
Section 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.

N.C. Gen. Stat. § 36C-10-1007

Added by 2005 N.C. Sess. Laws 192, s. 2, eff. 1/1/2006.