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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

    Chapter 31: Uniform Trust Code

      Section: 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 section added to the Rutgers Database: 2016-02-15 11:39:09.






Older versions of 3b:31-76 (if available):



Court decisions that cite this statute: CLICK HERE.


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