Minnesota Legislature
Office of the Revisor of Statutes
2016 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
501C.1007 EVENT AFFECTING ADMINISTRATION OR DISTRIBUTION.
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.
History:
Official Publication of the State of Minnesota
Revisor of Statutes