Kansas Statutes

§ 9-2314 — Trust advisor; rights, powers, immunities and liabilities

Kansas·Ch. 9 BANKS AND BANKING; TRUST COMPANIES·Art. 23 TECHNOLOGY-ENABLED FIDUCIARY FINANCIAL INSTITUTIONS
Any instrument providing for a trust advisor may also provide such trust advisor with some, none or all of the rights, powers, privileges, benefits, immunities or authorities available to a trustee under Kansas law or under such instrument. Unless the instrument provides otherwise, a trust advisor has no greater liability to any person than would a trustee holding or benefiting from the rights, powers, privileges, benefits, immunities or authority provided or allowed by the instrument to such trust advisor.

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Legislative History

L. 2021, ch. 80, § 14; July 1.

Nearby Sections

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