Kansas Statutes 59-1005. Accounting; liabilities and penalties
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Terms Used In Kansas Statutes 59-1005
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The person executing the trust, whether surviving partner or executor or administrator, shall have the same duty to account and to have his or her account adjudicated as in the case of ordinary administration; and such person shall be subject to the same liabilities, remedies, and penalties with reference thereto as an ordinary administrator.