{"data":{"id":"us-ky/krs-362.485","jurisdiction":"us-ky","citation":"KRS 362.485","heading":"Power of estate of deceased or incompetent partner.","body":"If a partner who is an individual dies, or a court of competent jurisdiction adjudges a\npartner who is an individual to be incompetent to manage his person or his property, the\npartner's executor, administrator, guardian, conservator, or other legal repres entative may\nexercise all the partner's rights for the purpose of settling his estate or administering his\nproperty, including any power the partner had to give an assignee the right to become a\nlimited partner. If a partner is a corporation, partnership, trust, or other entity and is\ndissolved or terminated, the powers of that partner may be exercised by its legal\nrepresentative or successor.","path":["KRS Chapter 362"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=34381","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:56Z","sha256":"2a8061e1ce87deb01843edcac93142fb32d2bb0bdafa0ee0e3483dfa0ed0a5b7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-362.483","next":"us-ky/krs-362.487"},"notice":"GroundRules: Original legal text. Not legal advice."}