KRS 386.010: Definitions for KRS 386.010 to 386.170.

As used in KRS 386.010 to 386.170, unless the context requires otherwise:

(1) "Fiduciary" means any trustee, guardian, executor, administrator, conservator or

other individual or corporation holding funds or otherwise acting in a fiduciary

capacity; and

(2) "Principal" means any person to whom a fiduciary, as such, owes an obligation.