3B:31-76 Event affecting administration or distribution.
3B:31-76. Event Affecting Administration or Distribution.
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.
L.2015, c.276, s.1.
This is the verbatim text of N.J.S.A. 3B:31-76, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.