Duty to administer trust
KRS 386B.8-010
in effect386B.8-010. Duty to administer trust
Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 60, effective July 15, 2014.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=43123Fetched: 10/20/2026
