Kansas § 59-1506 Protection of remainderman's interest in personalty; bond

Kansas Statutes

§ 59-1506 — Protection of remainderman's interest in personalty; bond

Kansas·Ch. 59 PROBATE CODE·Art. 15 ACCOUNTING AND DISTRIBUTION

When by will the use or income of personal property is given to a person for a term of years or for life, and another person has an interest in such property as remainderman, the court, unless the will provides otherwise, may order such property to be delivered to the person having the limited estate, or to be held by the executor or some other person as trustee for the benefit of the person having the limited estate. Bond may be required of the person to whom the property is delivered or by whom it is held, in the first instance or at any time prior to the termination of the limited estate.

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When by will the use or income of personal property is given to a person for a term of years or for life, and another person has an interest in such property as remainderman, the court, unless the will provides otherwise, may order such property to be delivered to the person having the limited estate, or to be held by the executor or some other person as trustee for the benefit of the person having the limited estate. Bond may be required of the person to whom the property is delivered or by whom it is held, in the first instance or at any time prior to the termination of the limited estate.

Kansas § 59-1506 (Protection of remainderman's interest in personalty; bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.