Kan. Stat. § 12-3432

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 12-3432 - Same; liability of trustees

No trustee or beneficiary shall be charged with any liability whatsoever by reason of any act or omission committed or suffered in the performance of such trust or in the operation of the trust property, except for willful or grossly negligent breach of trust: Provided, however, Any act, liability for any omission, or obligation of a trustee or trustees, in the execution of such trust, or in the operation of the trust property, shall extend to the whole of the trust estate or so much thereof as may be necessary to discharge such liability or obligation and not otherwise.

K.S.A. 12-3432

L. 1969, ch. 89, § 32; July 1.