20 Pennsylvania Consolidated Statutes § 7787 - Event Affecting Administration Or Distribution - Utc 1007

§ 7787. Event affecting administration or distribution - UTC 1007.

If the happening of an event, including marriage, divorce, performance of educational requirements, attaining 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.

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Last modified: October 8, 2016