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2021 Kentucky Revised Statutes
Chapter 386B - Uniform trust code
Subchapter 386B.4 - Creation, Validity, Modification, and Termination of Trust
386B.4-050 Charitable purposes -- Enforcement.

Universal Citation: KY Rev Stat § 386B.4-050 (2021)
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386B.4-050 Charitable purposes -- Enforcement. (1) (2) (3) A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, governmental or municipal purposes, or other purposes the achievement of which is beneficial to the community. Except as otherwise provided in KRS 381.260, if the terms of a charitable trust do not indicate a particular charitable purpose or beneficiary, the court may select one (1) or more charitable purposes or beneficiaries. The selection shall be consistent with the settlor's intention to the extent it can be ascertained. The settlor of a charitable trust, among others, may maintain a proceeding to enforce the trust. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 27, effective July 15, 2014.
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