Kentucky Chapter 386 — Administration of Trusts -- Legal Investments -- Uniform Principal and Income Act
166 sections hosted, reproduced from the official public-domain source.
- KRS 386.010— Definitions for KRS 386.010 to 386.175
- KRS 386.020— Authorized investments of trust funds -- Fiduciary to account for profits -- Section not applicable to trustees
- KRS 386.023— Investment method alternatives
- KRS 386.025— Restrictions on investment in own stock by bank or trust company acting as fiduciary
- KRS 386.030— Investment of funds of financial institutions and funds in hands of public officials
- KRS 386.040— Securities of certain federal agencies authorized as collateral
- KRS 386.050— Housing authority obligations -- Authorized investments -- Security for public deposits -- Negotiable -- United States bonds
- KRS 386.060— Investments not to be contrary to instrument creating trust
- KRS 386.070— Repealed, 2014
- KRS 386.080— Repealed, 1944
- KRS 386.090— Repealed, 1980
- KRS 386.093— Repealed, 2018
- KRS 386.095— Repealed, 2020
- KRS 386.100— Application of payments made to a fiduciary -- Section not applicable to trustees
- KRS 386.110— Transfer of a negotiable instrument by a fiduciary
- KRS 386.120— Deposits in fiduciary's personal account
- KRS 386.130— Deposits in name of fiduciary as such -- In name of principal
- KRS 386.140— Checks drawn by a fiduciary payable to third person or to himself
- KRS 386.150— Fiduciary not relieved of liability
- KRS 386.160— Deposit of funds with joint control by surety and fiduciary
- KRS 386.165— Deposit of securities in a clearing corporation -- Accounting and crediting of deposits
- KRS 386.170— Nonresident trustee for personal property of nonresident beneficiary -- Power to act in this state
- KRS 386.175— Trustee's power to appoint principal or income in favor of trustee of second trust -- Terms of second trust -- Special fiduciary -- Notice -- Judicial proceedings
- KRS 386.180— Repealed, 2008
- KRS 386.185— Repealed, 2014
- KRS 386.190— Repealed, 1992
- KRS 386.191— Repealed, 2005
- KRS 386.195— Repealed, 2005
- KRS 386.200— Repealed, 1992
- KRS 386.205— Repealed, 2005
- KRS 386.210— Repealed, 1992
- KRS 386.215— Repealed, 2005
- KRS 386.220— Repealed, 1992
- KRS 386.225— Repealed, 2005
- KRS 386.230— Repealed, 1992
- KRS 386.235— Repealed, 2005
- KRS 386.240— Repealed, 1992
- KRS 386.245— Repealed, 2005
- KRS 386.250— Repealed, 1992
- KRS 386.255— Repealed, 2005
- KRS 386.260— Repealed, 1992
- KRS 386.265— Repealed, 2005
- KRS 386.270— Repealed, 1992
- KRS 386.275— Repealed, 2005
- KRS 386.280— Repealed, 1992
- KRS 386.285— Repealed, 2005
- KRS 386.290— Repealed, 1992
- KRS 386.295— Repealed, 2005
- KRS 386.300— Repealed, 1992
- KRS 386.305— Repealed, 2005
- KRS 386.310— Repealed, 1992
- KRS 386.315— Repealed, 2005
- KRS 386.320— Repealed, 1992
- KRS 386.325— Repealed, 2005
- KRS 386.330— Repealed, 1992
- KRS 386.335— Repealed, 2005
- KRS 386.340— Repealed, 1992
- KRS 386.345— Repealed, 2005
- KRS 386.349— Repealed, 2005
- KRS 386.350— Definitions for KRS 386.355 and 386.360
- KRS 386.355— Acts prohibited -- Policy of state regarding private foundations -- Split-interest trusts -- Charitable trusts
- KRS 386.360— Trust instruments -- How amended
- KRS 386.365— Distribution of assets upon dissolution -- Process for selection of receiving trust -- Assets available for distribution defined
- KRS 386.367— Filing or reporting requirements -- Restrictions
- KRS 386.370— Definition of business trust, business entity, and name of record
- KRS 386.380— Establishment -- Lawful purposes
- KRS 386.382— Name of business trust
- KRS 386.384— Registered office -- Registered agent
- KRS 386.386— Repealed, 2011
- KRS 386.388— Repealed, 2011
- KRS 386.390— Powers and liabilities of trustees -- Liability of trust for acts of trustees
- KRS 386.392— Annual report
- KRS 386.400— Certificates of ownership -- Liability of beneficial owners
- KRS 386.410— Legality of foreign business trust
- KRS 386.420— Contents and recordation of declaration of trust
- KRS 386.430— Duration of business trust -- Rules against perpetuities and restraint of alienation not violated
- KRS 386.432— Repealed, 2011
- KRS 386.440— How business trust sued
- KRS 386.441— Repealed, 2011
- KRS 386.450— Definitions for Kentucky Principal and Income Act, KRS 386.450 to 386.504
- KRS 386.452— Fiduciary duties
- KRS 386.454— Fiduciary's election to have certain standards apply to administration of trust or estate -- Power to adjust between principal and income -- Conversion to unitrust -- Powers under previous version of section
- KRS 386.456— Determination and distribution of net income
- KRS 386.458— Distribution to residuary and remainder beneficiaries
- KRS 386.460— When right to income begins and ends
- KRS 386.462— Apportionment of receipts and disbursements when decedent dies or income interest begins
- KRS 386.464— "Undistributed income" defined -- Apportionment when income interest ends
- KRS 386.466— "Entity" defined -- Character of receipts from entities
- KRS 386.468— Distribution from trust or estate
- KRS 386.470— Principal receipts
- KRS 386.472— Receipts from rental property
- KRS 386.474— Receipts from obligation to pay money -- Exceptions
- KRS 386.476— Receipts from insurance policies and similar contracts--Exception
- KRS 386.478— Insubstantial allocations not required -- When allocation presumed insubstantial
- KRS 386.480— Receipts from deferred compensation, annuities, and similar payments -- Exceptions -- Allocations of payments made from a separate fund
- KRS 386.482— Receipts from liquidating assets
- KRS 386.484— Receipts from minerals, water, and other natural resources
- KRS 386.486— Receipts from timber
- KRS 386.488— Property not productive of income
- KRS 386.490— Disbursements from income
- KRS 386.492— Disbursement from principal
- KRS 386.494— Transfers from income to principal for depreciation
- KRS 386.496— Transfers from income to reimburse principal
- KRS 386.498— Payment of income taxes
- KRS 386.500— Adjustments between principal and income because of taxes
- KRS 386.502— Application of KRS 386.450 to 386.504 to trusts
- KRS 386.504— Short title
- KRS 386.510— Definitions for KRS 386.510 to 386.590
- KRS 386.520— Formation of company -- Approval -- Regulations
- KRS 386.530— Incorporation
- KRS 386.540— Regulation of investments
- KRS 386.550— Corporate powers -- Limitations and restrictions
- KRS 386.560— Purchase of own stock -- Responsibility and liability -- Compliance with regulations of comptroller of currency
- KRS 386.570— Control by commissioner of financial institutions
- KRS 386.580— Advertising and publicity prohibitions -- Exceptions
- KRS 386.590— Investment adviser's contract
- KRS 386.600— Title -- Citation
- KRS 386.620— Definitions for KRS 386.620 to 386.624
- KRS 386.622— Arrangement between spouses involving community property considered a community property trust -- Requirements for -- Provisions of written agreement -- Amendment or revocation of trust -- Consideration not required -- Classification and distribution of property
- KRS 386.624— Satisfaction of obligation of one or both spouses from community property trust -- Distribution of assets upon death of spouse or dissolution of marriage
- KRS 386.650— Repealed, 2014
- KRS 386.651— Repealed, 2014
- KRS 386.653— Repealed, 2014
- KRS 386.655— Repealed, 2014
- KRS 386.660— Repealed, 2014
- KRS 386.665— Repealed, 2014
- KRS 386.670— Repealed, 2014
- KRS 386.675— Repealed, 2014
- KRS 386.680— Repealed, 2014
- KRS 386.685— Repealed, 2014
- KRS 386.690— Repealed, 2014
- KRS 386.695— Repealed, 2014
- KRS 386.700— Repealed, 2014
- KRS 386.705— Repealed, 2014
- KRS 386.710— Repealed, 2014
- KRS 386.715— Repealed, 2014
- KRS 386.720— Repealed, 2014
- KRS 386.725— Repealed, 2014
- KRS 386.730— Repealed, 2014
- KRS 386.735— Repealed, 2014
- KRS 386.740— Repealed, 2014
- KRS 386.800— Repealed, 2014
- KRS 386.805— Repealed, 2014
- KRS 386.810— Repealed, 2014
- KRS 386.815— Repealed, 2014
- KRS 386.820— Power of court to permit deviation and to approve transactions involving conflict of interest
- KRS 386.825— Repealed, 2014
- KRS 386.830— Repealed, 2014
- KRS 386.835— Repealed, 2014
- KRS 386.840— Repealed, 2014
- KRS 386.845— Repealed, 2014
- KRS 386.4420— Laws governing foreign business trust
- KRS 386.4422— Transaction of business by foreign business trust
- KRS 386.4424— Repealed, 2011
- KRS 386.4426— Repealed, 2011
- KRS 386.4428— Repealed, 2011
- KRS 386.4430— Repealed, 2011
- KRS 386.4432— Repealed, 2011
- KRS 386.4434— Registered office and registered agent for foreign business trust
- KRS 386.4436— Repealed, 2011
- KRS 386.4438— Repealed, 2011
- KRS 386.4440— Repealed, 2011
- KRS 386.4442— Repealed, 2011
- KRS 386.4444— Repealed, 2011
- KRS 386.4446— Repealed, 2011
- KRS 386.4448— Repealed, 2011