{"data":{"id":"us-ky/krs-353.300","jurisdiction":"us-ky","citation":"KRS 353.300","heading":"Appointment of trustee to execute mineral lease where contingent future","body":"interests are involved.\nWhere lands, or any estate or interest therein, are subject to any contingent future interest,\nlegal or equitable, by way of remainder, reversion, or possi bility of reverter, upon the\nhappening of a condition subsequent, or otherwise, created by deed, will, or otherwise,\nand whether a trust is involved or not, and it is made to appear that it will be\nadvantageous to the present and ultimate owners of said lands or estate or interest therein,\nthe court shall have the power, pending the happening of any contingency and the vesting\nof such future interest or interests, to declare a trust in said lands or estate or interest\ntherein, appoint a trustee therefor, an d to authorize such trustee to sell, execute and\ndeliver a valid oil, gas, coal or other mineral lease covering said lands or estate or interest\ntherein.","path":["KRS Chapter 353"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=33080","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:39Z","sha256":"2deb723e5140de57eae5fe71fe0a3ba0849ece55df005fcbf205b6bb9ef9c55a","source_id":"us-ky","stale":false,"prev":"us-ky/krs-353.290","next":"us-ky/krs-353.310"},"notice":"GroundRules: Original legal text. Not legal advice."}