There Is a Newer Version
of
the Vermont Statutes
2011 Vermont Code
Title 14A Trusts
Chapter 10 LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALIN
§ 1007 Event affecting administration or distribution
Universal Citation:
14A VT Stats § 1007. (2011 through Adj Sess)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 1007. Event affecting administration or distribution
If the happening of an event, including, but not limited to, marriage, divorce, performance of educational requirements, attainment of a specified age, 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 2009, No. 20, § 1.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.