Rules applicable to trust director
KRS 386B.12-150
in effect386B.12-150. Rules applicable to trust director
Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:
(1) Acceptance under KRS 386B.7-010;
(2) Giving of bond to secure performance under KRS 386B.7-020;
(3) Reasonable compensation under KRS 386B.7-080;
(4) Resignation under KRS 386B.7-050;
(5) Removal under KRS 386B.7-060; and
(6) Vacancy and appointment of successor under KRS 386B.7-040.
Effective: July 15, 2026
History: Created 2026 Ky. Acts ch. 134, sec. 84, effective July 15, 2026.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57747Fetched: 10/20/2026
