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Kansas · Through 2025 legislative session

K.S.A. 9-2318: Indemnification of trust advisor; exceptions.

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Where this section sits in the code
  1. Chapter 9.—BANKS AND BANKING; TRUST COMPANIES
  2. Article 23.—TECHNOLOGY-ENABLED FIDUCIARY FINANCIAL INSTITUTIONS

An instrument may relieve and indemnify a trust advisor and a fiduciary financial institution that serves as trustee of a fidfin trust or alternative asset custody account from liability for a breach of fiduciary duty. Any such provision is unenforceable to the extent that it relieves the trust advisor or fiduciary financial institution from liability for a breach of fiduciary duty committed:

(a) In bad faith;

(b) intentionally; or

(c) with reckless indifference to the interest of a beneficiary.

Collected 2026-09-04T15:10:05Z. Source file · JSON

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