{"data":{"id":"us-ky/krs-386a.5-050","jurisdiction":"us-ky","citation":"KRS 386A.5-050","heading":"Trustee duties.","body":"(1) Subject to KRS 386A.5 -010(2), in exercising the powers of trusteeship, a trustee\nshall act in good faith, on an informed basis, and in a manner the trustee reasonably\nbelieves to be in the best interests of the statutory trust.\n(2) A trustee shall discharg e his or her duties with the care that an ordinarily prudent\nperson in a similar position would reasonably believe appropriate under similar\ncircumstances.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40379","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:18Z","sha256":"88769e0cb501fcb38fac64292ad93a24edda8208912b50a3c6788cac6a4a2fc4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386a.5-040","next":"us-ky/krs-386a.5-060"},"notice":"GroundRules: Original legal text. Not legal advice."}