Kentucky Statutes 386B.2-040 – Venue
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(1) Venue for proceedings under this chapter involving registered trusts is in the place of registration.
(2) Venue for proceedings under this chapter involving trusts not registered in this Commonwealth is in any place where the trust properly could have been registered, and otherwise by the venue statutes of this Commonwealth.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 16, effective July 15, 2014.
(2) Venue for proceedings under this chapter involving trusts not registered in this Commonwealth is in any place where the trust properly could have been registered, and otherwise by the venue statutes of this Commonwealth.
Terms Used In Kentucky Statutes 386B.2-040
- Trust: means an express trust established by a trust instrument, including a will, whereby a trustee has the duty to administer a trust asset for the benefit of a named or otherwise described income or principal beneficiary, or both. See Kentucky Statutes 386B.1-010
- Venue: The geographical location in which a case is tried.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 16, effective July 15, 2014.