Florida Statutes 736.1010 – Event affecting administration or distribution
Current as of: 2024 | Check for updates
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Terms Used In Florida Statutes 736.1010
- 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 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.