Del. Code tit. 12 § 3587

Current through 2024 Legislative Session Act Chapter 261

Section 3587 - Events affecting administration or distribution

Whenever the happening of an event, including marriage, divorce, performance of education 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.

12 Del. C. § 3587

72 Del. Laws, c. 388, § 7.;