394.530 Purchaser of trust estate -- When required to see to application.
56 words·~1 min read·
/ky/chapter-394/394-530A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Where lands are devised to be sold on special or general trust, or are conveyed or devised to trustees or executors in trust to be sold generally or for any specific purpose, the purchaser shall not be bound to look to the application of the purchase money, unless so expressly required by the conveyance or devise.