Ky. Rev. Stat. § 395.005

Current through 2024 Ky. Acts ch. 225

Section 395.005 - Who may be appointed as fiduciary

The following persons may be appointed as fiduciary:

(1) Any resident of the state of Kentucky, over eighteen (18) years of age, except as set out in KRS 395.080;

(2) Any national bank located in Kentucky having fiduciary powers;

(3) Any state bank or trust company incorporated under the laws of this state and authorized by law to act as fiduciary;

(4) To the extent permitted pursuant to KRS 286.3-146 and 286.3-920(5), any bank or trust company organized under the laws of a state other than Kentucky; and

(5) Any nonresident of legal age who is as to the decedent, ward, or incompetent, related by consanguinity, marriage, adoption or the spouse of such person so related.

KRS 395.005

Effective:6/8/2011
Amended 2011, Ky. Acts ch. 67, sec. 1, effective6/8/2011. -- Amended 1980 Ky. Acts ch. 259, sec. 19, effective 7/15/1980. -- Amended 1970 Ky. Acts ch. 29, sec. 1. -- Amended 1968 Ky. Acts ch. 100, sec. 10. -- Created 1942 Ky. Acts ch. 167, sec. 2.