Tenn. Code Ann. § 35-15-1007
Event affecting administration or distribution
Last amended: 2004Year: 2026Length: 112 words
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. Acts 2004, ch. 537, § 83.
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.
Acts 2004, ch. 537, § 83.