- (a) In the absence of actual knowledge or of reasonable cause to inquire as to whether a trustee is improperly exercising the trustee's power, a person dealing with a trustee need not inquire whether a trustee is properly exercising the power of the trustee and is protected as if the trustee properly exercised the power.
- (b) A person need not see to the proper application of trust assets paid or delivered to a trustee.
Added by Acts 2014, c. 585, § 1, eff. Jan. 1, 2015.