§ 564-f-18-1807

564-F:18-1807 Event Affecting Administration or Distribution. – (a) If the happening of an event affects the foundation's administration or a distribution from the foundation, then a foundation official who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the foundation official's lack of knowledge. (b) An event to which subsection (a) applies includes: (1) Marriage; (2) Divorce; (3) The performance of educational requirements; or (4) Death. Source. 2017, 257:47, eff. Oct. 1, 2017.