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Code · Kentucky · Chapter 386 — Administration of trusts -- legal investments -- uniform principal and income act

386.440 How business trust sued.

56 words·~1 min read·/ky/chapter-386/386-440

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A business trust may be sued for debts and other obligations incurred by the trustees in the performance of their duties under the declaration of trust, and for any damages resulting from the negligence of such trustees and its property shall be subject to attachment and execution in like manner as if it were a corporation.
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