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2016 Kentucky Revised Statutes
CHAPTER 386B - UNIFORM TRUST CODE
Subchapter 7 - Office of Trustee
386B.7-070 Delivery of property by former trustee.

KY Rev Stat § 386B.7-070 (2016) What's This?

Download as PDF 386B.7-070 Delivery of property by former trustee. (1) (2) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property. A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 56, effective July 15, 2014.

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