760 ILCS 3/1007

Current through Public Act 103-1052
Section 760 ILCS 3/1007 - Event affecting administration or distribution

If the happening of an event, including, but not limited to, 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.

760 ILCS 3/1007

Added by P.A. 101-0048,§ 1007, eff. 1/1/2020.