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.
Structure Mississippi Code
Chapter 8 - Mississippi Uniform Trust Code
Article 10 - Liability of Trustees and Rights of Persons Dealing with Trustee
§ 91-8-1001. Remedies for breach of trust
§ 91-8-1002. Damages for breach of trust
§ 91-8-1003. Damages in absence of breach
§ 91-8-1004. Attorney's fees and costs
§ 91-8-1006. Reliance on trust instrument
§ 91-8-1007. Event affecting administration or distribution
§ 91-8-1008. Exculpation of trustee
§ 91-8-1009. Beneficiary's consent, release, or ratification
§ 91-8-1010. Limitation on personal liability of trustee
§ 91-8-1011. Interest as general partner
§ 91-8-1012. Protection of person dealing with trustee
§ 91-8-1013. Certification of trust
§ 91-8-1014. Enforcement of no-contest, in terrorem or forfeiture provisions