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§ 700.7907 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 700 - Estates and Protected Individuals Codeact 59 of 2016 - Fiduciary Access to Digital Assets Act (700.1001 - 700.1018)/
  5. Statute Act 386 of 1998/
  6. Article VII - Michigan Trust Code (700.7101...700.7913)386-1998-vii-1 -/
  7. Division 386 1998 VII 9/
  8. § 700.7907
Michigan Legal Code

§ 700.7907

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700.7907 Event affecting administration or distribution.Sec. 7907. If the happening of an event, including, but not limited to, marriage, divorce, performance of educational requirements, attainment of a specific 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 or lack of notice. History: Add. 2009, Act 46, Eff. Apr. 1, 2010 Popular Name: EPIC