Every fiduciary, before entering upon the execution of the trust, shall receive letters of appointment from the District Court having jurisdiction as now fixed by law. The duties of a fiduciary shall be such as are required by law, and such additional duties not inconsistent therewith as the court may order. The appointment shall be effective with the signing of an order by the judge.
Effective: January 2, 1978
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Terms Used In Kentucky Statutes 395.105

  • Fiduciary: A trustee, executor, or administrator.
  • fiduciary: as used in this chapter :
    (1) Means any person, association, or corporation meeting the requirements of KRS
    395. See Kentucky Statutes 395.001
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

History: Amended 1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 384, effective January
2, 1978. — Amended 1970 Ky. Acts ch. 257, sec. 1. — Created 1942 Ky. Acts ch.
167, sec. 3.

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