Kansas § 58-5010 Duty to provide information to trust director or trustee

Kansas Statutes

§ 58-5010 — Duty to provide information to trust director or trustee

Kansas § 58-5010

Ch. 58PERSONAL AND REAL PROPERTY

Art. 50KANSAS UNIFORM DIRECTED TRUST ACT

This text of Kansas § 58-5010 (Duty to provide information to trust director or trustee) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 58-5010 (2026).

Text

(a)Subject to K.S.A. 2024 Supp. 58-5011, and amendments thereto, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:

(1)The powers or duties of the trustee; and

(2)the powers or duties of the director.

(b)Subject to K.S.A. 2024 Supp. 58-5011, and amendments thereto, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:

(1)The powers or duties of the director; and

(2)the powers or duties of the trustee or other director.

(c)A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in will

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(a) Subject to K.S.A. 2024 Supp. 58-5011, and amendments thereto, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:
(1) The powers or duties of the trustee; and
(2) the powers or duties of the director.
(b) Subject to K.S.A. 2024 Supp. 58-5011, and amendments thereto, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:
(1) The powers or duties of the director; and
(2) the powers or duties of the trustee or other director.
(c) A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.
(d) A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in willful misconduct.