Liability for an action or failure to act by a trustee or person

Sec. 34. A trustee or person that reasonably relies on: (1) the validity of a distribution of the property of a trust to another trust; or (2) a modification of a trust under this chapter, law of this state other than this article, or the law of another jurisdiction; is not liable to any person for any action or failure to act as a result of the reliance. As added by P.L.161-2022, SEC.3.