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2011 Kentucky Revised Statutes
CHAPTER 386 ADMINISTRATION OF TRUSTS -- LEGAL INVESTMENTS -- UNIFORM PRINCIPAL AND INCOME ACT
386.670 Failure to register.


KY Rev Stat § 386.670 (1996 through Reg Sess) What's This?
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386.670 Failure to register. A trustee who fails to register a trust in a proper place as required by KRS 386.655, for purposes of any proceedings initiated by a beneficiary of the trust prior to registration, is subject to the personal jurisdiction of any court in which the trust could have been registered. In addition, any trustee who, within thirty (30) days after receipt of a written demand by a settlor or beneficiary of the trust, fails to register a trust as required by KRS 386.655 is subject to removal and denial of compensation or to surcharge as the court may direct. History: Created 1976 Ky. Acts ch. 218, sec. 5.

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