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Senate Status:
Senate Status:
2023 Statute
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58-5016. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (a) Acceptance under K.S.A. 58a-701, and amendments thereto; (b) giving of bond to secure performance under K.S.A. 58a-702, and amendments thereto; (c) reasonable compensation under K.S.A. 58a-708, and amendments thereto; (d) resignation under K.S.A. 58a-705, and amendments thereto; (e) removal under K.S.A. 58a-706, and amendments thereto; and (f) vacancy and appointment of successor under K.S.A. 58a-704, and amendments thereto. |
History: L. 2022, ch. 16, § 16; July 1. |
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