{"data":{"id":"us-ky/krs-386.607","jurisdiction":"us-ky","citation":"KRS 386.607","heading":"Powers and rights of transferor.","body":"A transferor shall only have the powers and rights conferred by the qualified trust. The\npowers and rights conferred by the qualified trust upon the transferor are personal powers\nand rights that may not be exercised by a creditor or any other person, except as expressly\npermitted by the trust. Except as permitted by KRS 386.613 and 386.617, the transferor\nshall have no rights or authority with respect to the corpus of the qualified trust or the\nincome from the trust, and any agreement or understanding purp orting to grant or permit\nthe retention of any greater rights or authority shall be void.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57725","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:17Z","sha256":"0101d8e26cb340d91a421f0ed77a6ccdd2a7549f991b4fd3b7d7394e62920061","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.605","next":"us-ky/krs-386.609"},"notice":"GroundRules: Original legal text. Not legal advice."}