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Section 28-73-1007 - Event affecting administration or distribution — Arkansas Law | CourtGPT
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  8. Section 28-73-1007 - Event affecting administration or distribution
Arkansas Legal Code

Section 28-73-1007 - Event affecting administration or distribution

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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.Acts 2005, No. 1031, § 1.

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.Acts 2005, No. 1031, § 1.