{"data":{"id":"us-ky/krs-386b.7-020","jurisdiction":"us-ky","citation":"KRS 386B.7-020","heading":"Trustee's bond.","body":"(1) A trustee shall give bond to secure performance of the trustee's duties only if the\ncourt finds that a bond is needed to protect the interests of the beneficiaries or is\nrequired by the terms of the trust and the court has not dispensed with the\nrequirement.\n(2) The court may specify the amount of a bond, its liabilities, and whether sureties are\nnecessary. The court may modify or terminate a bond at any time.\n(3) A regulated financial institution qualified to do trust business in this\nCommonwealth need not give bond, even if required by the terms of the trust.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=43114","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:19Z","sha256":"6a59b1fbb65487aedc1c9c7213db5617c54dc233b7ff43a43a8b60858830382c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386b.7-010","next":"us-ky/krs-386b.7-030"},"notice":"GroundRules: Original legal text. Not legal advice."}