2021 Kentucky Revised Statutes
Chapter 386B - Uniform trust code
Subchapter 386B.10 - Liability of Trustees and Rights of Persons Dealing with Trustees
386B.10-070 Event affecting administration or distribution.


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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. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 85, effective July 15, 2014.
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