{"data":{"id":"us-ky/krs-386b.12-100","jurisdiction":"us-ky","citation":"KRS 386B.12-100","heading":"No duty to monitor, inform, or advise.","body":"(1) Unless the terms of a trust provide otherwise:\n(a) The trustee shall not have a duty to:\n1. Monitor a trust director; or\n2. Inform or give advice to a settlor, beneficiary, trustee, or trust director\nconcerning an instance in which the trustee might have a cted differently\nthan the director; and\n(b) By taking an action described in paragraph (a) of this subsection, a trustee\ndoes not assume the duty excluded by paragraph (a) of this subsection.\n(2) Unless the terms of a trust provide otherwise:\n(a) The trust director shall not have a duty to:\n1. Monitor a trustee or another trust director; or\n2. Inform or give advice to a settlor, beneficiary, trustee, or another trust\ndirector concerning an instance in which the director might have acted\ndifferently than a trustee or another director; and\n(b) By taking an action described in paragraph (a) of this  subsection, a trust\ndirector does not assume the duty excluded by paragraph (a) of this\nsubsection.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57742","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:19Z","sha256":"aa63c51283d96fa52010ddb630ab5c558040d29f621ee9c2e9b4aa57b184c9a0","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386b.12-090","next":"us-ky/krs-386b.12-110"},"notice":"GroundRules: Original legal text. Not legal advice."}
