KRS 386B.13-170: Removal or replacement of authorized fiduciary.
Where this section sits in the code
An authorized fiduciary may not exercise the decanting power to modify a provision in a
first-trust instrument granting another person power to remove or replace the fiduciary
unless:
(1) The person holding the power consents to the modification in a signe d record and
the modification applies only to that person;
(2) The person holding the power and the qualified beneficiaries of the second trust
consent to the modification in a signed record and the modification grants a
substantially similar power to another person; or
(3) The court approves the modification and the modification grants a substantially
similar power to another person.
Collected 2026-09-05T20:59:20Z. Source file · JSON