58-5016. Office of trust director. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

(a) Acceptance under K.S.A. 58a-701, and amendments thereto;

(b) giving of bond to secure performance under K.S.A. 58a-702, and amendments thereto;

(c) reasonable compensation under K.S.A. 58a-708, and amendments thereto;

(d) resignation under K.S.A. 58a-705, and amendments thereto;

(e) removal under K.S.A. 58a-706, and amendments thereto; and

(f) vacancy and appointment of successor under K.S.A. 58a-704, and amendments thereto.

History: L. 2022, ch. 16, § 16; July 1.