Kentucky Statutes 395.001 – Definition of “fiduciary.”
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The term “fiduciary” as used in this chapter:
(1) Means any person, association, or corporation meeting the requirements of KRS
395.005 (other than assignee or trustee for an insolvent debtor or a guardian under the Uniform Veterans’ Guardianship Act) appointed by, or under the control of, or accountable to, the District Court, including executors, administrators, administrators with the will annexed, curators, guardians and conservators; and
(2) Does not include testamentary trustees.
Effective: July 15, 2014
History: Amended 2014 Ky. Acts ch. 25, sec. 111, effective July 15, 2014. — Amended
1982 Ky. Acts ch. 141, sec. 105, effective July 1, 1982; and ch. 277. sec. 8, effective July 15, 1982. — Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 381, effective January 2, 1978. — Amended 1972 Ky. Acts ch. 203, sec. 53. — Amended 1944 Ky. Acts ch. 115, sec. 4. — Created 1942 Ky. Acts ch. 167, sec. 1.
(1) Means any person, association, or corporation meeting the requirements of KRS
Terms Used In Kentucky Statutes 395.001
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Trustee: A person or institution holding and administering property in trust.
395.005 (other than assignee or trustee for an insolvent debtor or a guardian under the Uniform Veterans’ Guardianship Act) appointed by, or under the control of, or accountable to, the District Court, including executors, administrators, administrators with the will annexed, curators, guardians and conservators; and
(2) Does not include testamentary trustees.
Effective: July 15, 2014
History: Amended 2014 Ky. Acts ch. 25, sec. 111, effective July 15, 2014. — Amended
1982 Ky. Acts ch. 141, sec. 105, effective July 1, 1982; and ch. 277. sec. 8, effective July 15, 1982. — Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 381, effective January 2, 1978. — Amended 1972 Ky. Acts ch. 203, sec. 53. — Amended 1944 Ky. Acts ch. 115, sec. 4. — Created 1942 Ky. Acts ch. 167, sec. 1.