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2021 Kentucky Revised Statutes
Chapter 386A - Kentucky uniform statutory trust act (2012)
Subchapter 386A.3 - Governing Law -- Authorizations -- Duration -- Powers
386A.3-010 Governing law.

Universal Citation: KY Rev Stat § 386A.3-010 (2021)
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386A.3-010 Governing law. The laws of this Commonwealth govern the internal affairs of a statutory trust including: (1) The liability of a beneficial owner as beneficial owner and a trustee as trustee for a debt, obligation, or other liability of a statutory trust or a series thereof; (2) The enforceability of a debt, obligation, or other liability of the statutory trust against the property of the trust; (3) The enforceability of a debt, obligation, or other liability of a series of a statutory trust, including recourse against the property of or associated with a series; and (4) The inspection of the books and records of the statutory trust. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 81, sec. 16, effective July 12, 2012.
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