Event affecting administration or distribution

N.C. Gen. Stat. § 36C-10-1007

N.C. Gen. Stat. § 36C-10-1007

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. (2005-192, s. 2.)