GroundRules
Minn. Stat. § 501C.1007: EVENT AFFECTING ADMINISTRATION OR DISTRIBUTION.
Where this section sits in the code
- PROPERTY AND PROPERTY INTERESTS
- CHAPTER 501C. TRUSTS
- LIABILITY OF TRUSTEES AND RIGHTS OF PERSON DEALING WITH TRUSTEE
If the occurrence 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 occurrence of the event is not liable for a loss resulting from the trustee's lack of knowledge.
Collected 2026-09-02T22:10:48Z. Source file · JSON