KRS 386A.3-010: Governing law.

The laws of this Commonwealth govern the internal affairs of a statutory trust including:

(1) The liability of a beneficial owner as beneficial owner and a trustee as trustee for a

debt, obligation, or other liability of a statutory trust or a series thereof;

(2) The enforceability of a debt, obligation, or other liability of the statutory trust

against the property of the trust;

(3) The enforceability of a debt, obligation, or other liability of a series of a statutory

trust, including recourse against the property of or associated with a series; and

(4) The inspection of the books and records of the statutory trust.