Section 386.420 - Contents and recordation of declaration of trust(1) The written declaration of trust may provide for the election of successor trustees in the event of the death, resignation and removal of a trustee and may provide for the amendment of the declaration of trust. The declaration of trust may also contain such other provisions regarding the operating and administration of the business trust as may be necessary or desirable. A declaration of trust and any amendments thereto is effective as provided in KRS 14A.2-070.(2) A declaration of trust filed on or after June 26, 2007, shall name or shall be accompanied by a document naming the initial registered agent and registered office satisfying the requirements of KRS 14A.4-010.(3) Each document delivered to the Secretary of State for filing by a business trust or a foreign business trust shall satisfy the requirements of KRS 14A.2-010 to 14A.2-150.Effective:1/1/2011
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 166, effective 7/15/2010; and amended ch. 151, sec. 117, effective1/1/2011. -- Amended 2007, Ky. Acts ch. 137, sec. 166, effective 6/26/2007. -- Amended 1978 Ky. Acts ch. 384, sec. 511, effective 6/17/1978. -- Amended 1968 Ky. Acts ch. 152, sec. 161. -- Created 1966 Ky. Acts ch. 19, sec. 6.