Ky. Rev. Stat. § 386A.8-010

Current through 2024 Ky. Acts ch. 225

Section 386A.8-010 - Events causing dissolution

A statutory trust is dissolved by:

(1) Administrative dissolution under Subchapter 7 of KRS Chapter 14A;

(2) The filing of articles of dissolution under KRS 386A.8-020:

(a) On the occurrence of an event or circumstance that the governing instrument states causes dissolution; or

(b) With the approval of the beneficial owners;

(3) Having no beneficial owners for ninety (90) days; or

(4) Judicial dissolution in accordance with KRS 386A.8-030.

KRS 386A.8-010

Added by 2012 Ky. Acts ch. 81,§ 64, eff. 7/11/2012.