{"data":{"id":"us-ky/krs-386a.5-010","jurisdiction":"us-ky","citation":"KRS 386A.5-010","heading":"Management of statutory trust.","body":"(1) The business and affairs of a statutory trust must be managed by or under the\nauthority of its trustees.\n(2) If there is at least one (1) trustee that in the discharge of all obligations under the\ngoverning instrument and this chapter is obligated to consi der the interests of the\ntrust and all series thereof, the governing instrument may provide that one (1) or\nmore other trustees, in discharging their obligations, may consider only the interests\nof the trust or of one (1) or more series thereof.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40375","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:18Z","sha256":"897951e33b0524ae3dd85b1116ba2d266cf7a64fc81b75e8cf185d21c09907f8","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386a.4-110","next":"us-ky/krs-386a.5-020"},"notice":"GroundRules: Original legal text. Not legal advice."}