Haw. Rev. Stat. § 554D-1007

Current through Chapter 253 of the 2024 Legislative Session
Section 554D-1007 - Event affecting administration or distribution

If the happening of an event, including marriage, divorce, performance of educational requirements, or attainment of a specific age, birth, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event shall not be liable for a loss resulting from the trustee's lack of knowledge.

HRS § 554D-1007

Added by L 2021, c 32,§ 2, eff. 1/1/2022.