Utah Code 75-7-1007. Event affecting administration or distribution
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Utah Code 75-7-1007
- Trustee: A person or institution holding and administering property in trust.
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 is not liable for a loss resulting from the trustee’s lack of knowledge or lack of notice.
Enacted by Chapter 89, 2004 General Session