Kansas § 58-5105 Application; principal place of administration; governing law

Kansas Statutes

§ 58-5105 — Application; principal place of administration; governing law

Kansas·Ch. 58 PERSONAL AND REAL PROPERTY·Art. 51 UNIFORM TRUST DECANTING ACT

The uniform trust decanting act applies to a trust created before, on, or after July 1, 2023, that:

(a)Has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or

(b)provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:

(1)Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;

(2)construction of terms of the trust; or

(3)determining the meaning or effect of terms of the trust.

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The uniform trust decanting act applies to a trust created before, on, or after July 1, 2023, that:
(a) Has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state; or
(b) provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of:
(1) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state;
(2) construction of terms of the trust; or
(3) determining the meaning or effect of terms of the trust.

Kansas § 58-5105 (Application; principal place of administration; governing law) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.