§ 19-1310.07Title 19
Event affecting administration or distribution.
If the happening of an event, including marriage, divorce, performance of educational requirements, the attainment of a specified 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.
Annotations
Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208 Uniform Law: This section is based upon § 1007 of the Uniform Trust Code.
Sourced from the DC Council Open Law Library (public domain).
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