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K.S.A. 58-5012

Application to cotrustee

L. 2022, ch. 16, § 12; July 1.

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under K.S.A. 58-5009 through 58-5011 , and amendments thereto.

Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.