Kan. Stat. Ann. § 58-5010
Duty to provide information to trust director or trustee
Kansas · Kansas Statutes Annotated Chapter 58 — Personal and Real Property · Status: effective
Cite this
- Citation
- Kan. Stat. Ann. § 58-5010, Duty to provide information to trust director or trustee, Kansas, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2565682
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Full text
(a) Subject to K.S.A. 58-5011, and amendments thereto, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:
(1) The powers or duties of the trustee; and
(2) the powers or duties of the director.
(b) Subject to K.S.A. 58-5011, and amendments thereto, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:
(1) The powers or duties of the director; and
(2) the powers or duties of the trustee or other director.
(c) A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.
(d) A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in willful misconduct.