N.C. Gen. Stat. § 36C-10-1007

Event affecting administration or distribution.

Last amended: 2005Year: 2026Length: 57 wordsOfficial source
§ 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: Event affecting administration or distribution. | Justis AI