Kansas § 58-24a04 Duties at inception of fiduciary relationship

Kansas Statutes

§ 58-24a04 — Duties at inception of fiduciary relationship

Kansas·Ch. 58 PERSONAL AND REAL PROPERTY·Art. 24a UNIFORM PRUDENT INVESTOR ACT

Within a reasonable time after entering into a fiduciary relationship or receiving trust assets, a fiduciary shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms distribution requirements and other circumstances of the trust, and with the requirements of this act.

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Within a reasonable time after entering into a fiduciary relationship or receiving trust assets, a fiduciary shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms distribution requirements and other circumstances of the trust, and with the requirements of this act.

Kansas § 58-24a04 (Duties at inception of fiduciary relationship) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.