Statutes, codes, and regulations
Kentucky Revised Statutes
Title 33 - ADMINISTRATION OF TRUSTS AND ESTATESChapter 386B - UNIFORM TRUST CODE
Subchapter 386B.10 - LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEES
Section 386B.10-070 - Event affecting administration or distribution

Ky. Rev. Stat. § 386B.10-070

Download
PDF
Current through Acts Received April 24, 2024
Section 386B.10-070 - Event affecting administration or distribution

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.

KRS 386B.10-070

Added by 2014 Ky. Acts ch. 25,§ 85, eff. 7/15/2014.