{"data":{"id":"us-ky/krs-386b.13-030","jurisdiction":"us-ky","citation":"KRS 386B.13-030","heading":"Fiduciary duty in exercising decanting power.","body":"(1) In exercising the decanting power, an authorized fiduciary shall act in accordance\nwith its fiduciary duties, including the duty to act in accordance with the purposes\nof the first trust.\n(2) KRS 386B.13 -010 to 386B.13 -280 do not create or imply a duty to exercise the\ndecanting power or to inform the beneficiaries about the applicability of KRS\n386B.13-010 to 386B.13-280.\n(3) Except as otherwise provided in a first -trust instrument, for purposes of KRS\n386B.12-010 to 386B.12 -170 and 386B.8 -010 and 386B.8 -020, the terms of the\nfirst trust are deemed to include the decanting power.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=57752","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:20Z","sha256":"13cd9ce6a83fae50cb3ba7ec325a8e659329fb86476997ed2f136ef2ce2a7d2e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386b.13-020","next":"us-ky/krs-386b.13-040"},"notice":"GroundRules: Original legal text. Not legal advice."}