Ky. Rev. Stat. § 386.820

Current through 2024 Ky. Acts ch. 225

Section 386.820 - Power of court to permit deviation and to approve transactions involving conflict of interest

If the duty of the trustee and his interest as trustee of another trust conflict in the exercise of a trust power, the power may be exercised only by court authorization upon petition of the trustee.

KRS 386.820

Amended by 2014 Ky. Acts ch. 25,§ 108, eff. 7/15/2014.

Created 1976 Ky. Acts ch. 218, sec. 48.