Kan. Stat. § 58-5121

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 58-5121 - Need to distribute not required

An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

K.S.A. 58-5121

Added by L. 2023, ch. 48,§ 21, eff. 7/1/2023.