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the Kansas Statutes
2012 Kansas Statutes
Chapter 58 PERSONAL AND REAL PROPERTY
Article 9 UNIFORM PRINCIPAL AND INCOME ACT (1997)
Section 58-9-106 Income standard, no presumption concerning fiduciary duty.
Universal Citation:
KS Stat § 58-9-106 (2012)
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58-9-106. Income standard, no presumption concerning fiduciary duty. (a) The income standard established in K.S.A. 2012 Supp. 58-9-105, and amendments thereto, does not create a presumption or implication that a trustee who distributes less than 3% or more than 5% is breaching a trustee's fiduciary duty to a beneficiary.
(b) This section shall be part of and supplemental to the uniform principal and income act (1997).
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