KRS 386B.12-050: Powers of trust director.
Where this section sits in the code
(1) Subject to KRS 386B.12-060, the terms of a trust may grant a power of direction to
a trust director.
(2) Unless the terms of a trust provide otherwise:
(a) A trust director may exercise any further power appropriate to the exercise or
nonexercise of power of direction granted to the director under subsection (1)
of this section; and
(b) Trust directors with joint powers shall act by majority decision.
Collected 2026-09-05T20:59:19Z. Source file · JSON