KRS 386B.3-010: Representations -- Basic effect.
Where this section sits in the code
(1) Notice to a person who may represent and bind another person under this
subchapter has the same effect as if notice were given directly to the other person.
(2) The consent of a person who may represent and bind another person under this
subchapter is bind ing on the person represented unless the person represented
objects to the representation before the consent would otherwise have become
effective.
(3) Except as otherwise provided under KRS 386B.4 -110 and 386B.6 -020, a person
who under this subchapter may represent a settlor who lacks capacity, may receive
notice and give a binding consent on the settlor's behalf.
(4) A settlor may not represent and bind a beneficiary under this subchapter with
respect to the termination or modification of a trust under KRS 386B.4-110(1).
(5) Provisions of this subchapter shall also be applicable to KRS 386B.13 -010 to
386B.13-280 regarding a trustee's power to appoint principal and income in favor of
a trustee of a second trust and KRS 386.454 regarding a trustee's power to adjust
between principal and income and conversion to unitrust.
Collected 2026-09-05T20:59:18Z. Source file · JSON