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A trustee is not liable for a mistake of fact made before the trustee has actual knowledge or receives written notice of the happening of any event that determines or affects the distribution of the income or principal of the trust, including marriage, divorce, attainment of a certain age, performance of education requirements, or death.
Cite this article: FindLaw.com - Texas Property Code - PROP § 114.002. Liability of Successor Trustee for Breach of Trust by Predecessor - last updated April 14, 2021 | https://codes.findlaw.com/tx/property-code/prop-sect-114-002.html
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