Kansas Statutes
§ 58a-702 — Trustee's bond
(a)A trustee shall give bond to secure performance of the trustee's duties unless otherwise waived or modified by the terms of the trust.
(b)The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.
(c)A regulated financial-service institution qualified to do trust business in this state need not give bond, even if required by the terms of the trust.
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Kansas § 58a-702 (Trustee's bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
L. 2002, ch. 133, § 50; January 1, 2003.
Nearby Sections
15
§ 58a-1001
Remedies for breach of trust§ 58a-1002
Damages for breach of trust§ 58a-1003
Damages in absence of breach§ 58a-1004
Attorney fees and costs§ 58a-1005
Limitation of action against trustee§ 58a-1006
Reliance on trust instrument§ 58a-1008
Exculpation of trustee§ 58a-101
Short title§ 58a-1011
Interest as general partner§ 58a-1013
Certification of trust§ 58a-102
Scope