There is a newer version
of
this Section
2017 Kansas Statutes
Chapter 58 PERSONAL AND REAL PROPERTY
Article 24a UNIFORM PRUDENT INVESTOR ACT
58-24a04 Duties at inception of fiduciary relationship.
Universal Citation: KS Stat § 58-24a04 (2017)
58-24a04. Duties at inception of fiduciary relationship. Within a reasonable time after entering into a fiduciary relationship or receiving trust assets, a fiduciary shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms distribution requirements and other circumstances of the trust, and with the requirements of this act.
History: L. 2000, ch. 80, § 4; July 1.
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
