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2019 Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 501C — Trusts
Section 501C.1007 — Event Affecting Administration Or Distribution.
Universal Citation: MN Stat § 501C.1007 (2019)
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: 2015 c 5 art 10 s 7
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