{"data":{"id":"us-ky/krs-386a.5-100","jurisdiction":"us-ky","citation":"KRS 386A.5-100","heading":"Direction of trustees.","body":"(1) The governing instrument may authorize any person, including a beneficial owner,\nto direct a trustee or other person in the management of a statutory trust.\n(2) If the governing instrument confers on a person a power to direct actions by a\ntrustee or other  person, the trustee or other person shall act in accordance with a\ndirection given, unless the direction is contrary to the terms of the governing\ninstrument or the trustee or other person knows or has reason to know that\nfollowing the direction would constitute a breach of fiduciary duty.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40384","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:18Z","sha256":"b7f1e77fa0634295f53f6187cd3b51a934b4dfecd8f814af3d06705c26658941","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386a.5-090","next":"us-ky/krs-386a.5-110"},"notice":"GroundRules: Original legal text. Not legal advice."}