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Mississippi Code 1972 (2023)
Title 91 - TRUSTS AND ESTATES (§§ 91-1-NEW — 91-31-25)
Chapter 8 - MISSISSIPPI UNIFORM TRUST CODE (§§ 91-8-101 — 91-8-1206)
Article 10 - LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE (§§ 91-8-1001 — 91-8-1014)
Section 91-8-1007 - Event affecting administration or distribution
Universal Citation:
MS Code § 91-8-1007 (2023)
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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.
Added by Laws, 2014, ch. 421, SB 2727, 83, eff. 7/1/2014.
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