KRS 386A.5-050: Trustee duties.

(1) Subject to KRS 386A.5 -010(2), in exercising the powers of trusteeship, a trustee

shall act in good faith, on an informed basis, and in a manner the trustee reasonably

believes to be in the best interests of the statutory trust.

(2) A trustee shall discharg e his or her duties with the care that an ordinarily prudent

person in a similar position would reasonably believe appropriate under similar

circumstances.