58a-809 Control and protection of trust property .
58a-809. Control and protection of trust property . A trustee shall take reasonable steps to take control of and protect the trust property. History: L. 2002, ch. 133, § 66; Jan. 1, 2003.
58a-810 Recordkeeping and identification of trust property; property acquisition and conveyance.
58a-810. Recordkeeping and identification of trust property; property acquisition and conveyance. (a) A trustee shall keep adequate records of the administration of the trust. (b) A trustee shall keep trust property separate from the trustee’s own property. (c) Except as otherwise provided in subsection (d), a trustee shall cause the trust property to be designated […]
58a-811 Enforcement and defense of claims.
58a-811. Enforcement and defense of claims. A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust. History: L. 2002, ch. 133, § 68; Jan. 1, 2003.
58a-812 Collecting trust property.
58a-812. Collecting trust property. A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee, and to redress a breach of trust known to the trustee to have been committed by a former trustee. History: L. 2002, ch. 133, § 69; Jan. 1, 2003.
58a-813 Duty to inform and report.
58a-813. Duty to inform and report. (a) As provided in this section, a trustee shall keep the qualified beneficiaries reasonably informed about the administration of the trust and of the material facts necessary for them to protect their interests. Unless unreasonable under the circumstances, a trustee shall promptly respond to a qualified beneficiary’s request for […]
58a-801 Duty to administer trust.
58a-801. Duty to administer trust. Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this code. History: L. 2002, ch. 133, § 58; Jan. 1, 2003.
58a-802 Duty of loyalty.
58a-802. Duty of loyalty. (a) A trustee shall administer the trust consistent with the terms of the trust and solely in the interests of the beneficiaries. (b) Subject to the rights of persons dealing with or assisting the trustee as provided in K.S.A. 58a-1012, and amendments thereto, a sale, encumbrance, or other transaction involving the […]
58a-803 Impartiality.
58a-803. Impartiality. If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests. History: L. 2002, ch. 133, § 60; Jan. 1, 2003.