Kansas Statutes
§ 58a-815 — General powers of trustee
(a)A trustee, without authorization by the court, may exercise:
(1)Powers conferred by the terms of the trust; and
(2)except as limited by the terms of the trust:
(A)All powers over the trust property which an unmarried competent owner has over individually owned property;
(B)any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(C)any other powers conferred by this code.
(b)The exercise of a power is subject to the fiduciary duties prescribed by this article.
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Related
Lunt v. Peoples Bank (In re Lunt)
500 B.R. 9 (D. Kansas, 2013)
In re Lunt
477 B.R. 812 (D. Kansas, 2012)
Legislative History
L. 2002, ch. 133, § 72; L. 2004, ch. 158, § 14; July 1.
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