{"data":{"id":"us-ks/k.s.a.-58-9a-309","jurisdiction":"us-ks","citation":"K.S.A. 58-9a-309","heading":"Special tax benefits; other rules.","body":"(a) A unitrust policy may:\n(1) Provide methods and standards for:\n(A) Determining the timing of distributions;\n(B) making distributions in cash or in kind or partly in cash and partly in kind; or\n(C) correcting an underpayment or overpayment to a beneficiary based on the unitrust amount if there is an error in calculating the unitrust amount;\n(2) specify sources and the order of sources, including categories of income for federal income tax purposes, from which distributions of a unitrust amount are paid; or\n(3) provide other standards and rules the fiduciary determines serve the interests of the beneficiaries.\n(b) If a trust qualifies for a special tax benefit or a fiduciary is not an independent person:\n(1) The unitrust rate established under K.S.A. 58-9a-306, and amendments thereto, may not be less than 3% or more than 5%;\n(2) the only provisions of K.S.A. 58-9a-307 that apply are K.S.A. 58-9a-307(a) and (b)(1), (4), (5)(A) and (9), and amendments thereto;\n(3) the only period that may be used under K.S.A. 58-9a-308 is a calendar year under K.S.A. 58-9a-308(a)(1), and amendments thereto; and\n(4) the only other provisions of K.S.A. 58-9a-308 that apply are K.S.A. 58-9a-308(b)(2)(A) and (3), and amendments thereto.","path":["Chapter 58.—PERSONAL AND REAL PROPERTY","Article 9a.—UNIFORM FIDUCIARY INCOME AND PRINCIPAL ACT"],"source_url":"https://www.ksrevisor.gov/statutes/chapters/ch58/058_009a_0309.html","current_through":"2025 legislative session","vintage":"","retrieved_at":"2026-10-15T06:21:01Z","sha256":"f6c6a2d2296afa8566db7852a8ce37d427a963d6f1602c709d9cda493cfc436f","source_id":"us-ks","stale":false,"prev":"us-ks/k.s.a.-58-9a-308","next":"us-ks/k.s.a.-58-9a-401"},"notice":"GroundRules: Original legal text. Not legal advice."}