Section 5810.07 | Reasonable care to ascertain material event.
Effective:
January 1, 2007
Latest Legislation:
House Bill 416 - 126th General Assembly
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.
Available Versions of this Section
- January 1, 2007 – House Bill 416 - 126th General Assembly [ View January 1, 2007 Version ]