Mich. Comp. Laws § 700.7907

Current through Public Act 57 of the 2024 Legislative Session
Section 700.7907 - Event affecting administration or distribution

If the happening of an event, including, but not limited to, marriage, divorce, performance of educational requirements, attainment of a specific age, 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 or lack of notice.

MCL 700.7907

Added by 2009, Act 46,s 135 , eff. 4/1/2010.