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Kansas Statutes Chapter 58A. Kansas Uniform Trust Code § 58a-110. Others treated as qualified beneficiaries

Current as of January 01, 2023 | Updated by FindLaw Staff

(a) A charitable organization expressly mandated to receive distributions under the terms of a trust has the rights of a qualified beneficiary under this code, if the charitable organization, on the date the charitable organization's qualification is being determined:

(1) Is a distributee of trust income or principal;

(2) would be a distributee of trust income or principal upon the termination of the interests of other distributees then receiving or eligible to receive distributions; or

(3) would be a distributee of trust income or principal if the trust terminated on that date.

(b) A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in K.S.A. 58a-408 or 58a-409, and amendments thereto, has the rights of a qualified beneficiary under this code.

(c) The attorney general of this state has the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in this state.

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Cite this article: FindLaw.com - Kansas Statutes Chapter 58A. Kansas Uniform Trust Code § 58a-110. Others treated as qualified beneficiaries - last updated January 01, 2023 | https://codes.findlaw.com/ks/chapter-58a-kansas-uniform-trust-code/ks-st-sect-58a-110/

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