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2015 Kentucky Revised Statutes
CHAPTER 386 - ADMINISTRATION OF TRUSTS -- LEGAL INVESTMENTS -- UNIFORM PRINCIPAL AND INCOME ACT
386.820 Power of court to permit deviation and to approve transactions involving conflict of interest.

KY Rev Stat § 386.820 (2015) What's This?

Download as PDF 386.820 Power of court to permit deviation and to approve transactions involving conflict of interest. If the duty of the trustee and his interest as trustee of another trust conflict in the exercise of a trust power, the power may be exercised only by court authorization upon petition of the trustee. Effective: July 15, 2014 History: Amended 2014 Ky. Acts ch. 25, sec. 108, effective July 15, 2014. -- Created 1976 Ky. Acts ch. 218, sec. 48.

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