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Kansas Statutes Annotated

K.S.A. § 17-5004 (2026)

✓ current as of May 2026
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17-5004.

History: L. 1949, ch. 319, § 1; L. 1951, ch. 209, § 1; L. 1961, ch. 124, § 1; L. 1965, ch. 150, § 9; L. 1978, ch. 82, § 1; L. 1987, ch. 87, § 1; L. 1993, ch. 238, § 1; Repealed, L. 2000, ch. 80, § 16; July 1.

CASE ANNOTATIONS

1. Investment duties of fiduciaries governed by this section. Burch v. Dodge, 4 Kan. App. 2d 503, 509, 608 P.2d 1032.

2. Standard of care required of trustee considered in action for damages against attorney for having created nonviable trust. Pizel v. Whalen, 252 Kan. 384, 390, 845 P.2d 37 (1993).

3. Whether a trustee has a duty to diversify under the prudent man standard examined. In re Estate of Maxedon, 24 Kan. App. 2d 427, 431, 946 P.2d 104 (1997).


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Notes of Decisions
Cited in 4 cases, 1980–2005 · leading case: McGinley v. Bank of Am., N.A., 109 P.3d 1146 (Kan. 2005).
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McGinley v. Bank of Am., N.A., 109 P.3d 1146 (Kan. 2005). · cites it 8× ““(c) Unless the [trust] instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred Upon a trustee by the uniform trustees’ powers act.”
Burch v. Dodge, 608 P.2d 1032 (Kan. Ct. App. 1980). · cites it 2× “It does not by its terms apply to the investment duties of a fiduciary, as that duty is governed by K.S.A. 1979 Supp. 17-5004. Sowders’ proposal to the trial court is based on simple interest and does not take into account any compounding effect.”
Pizel v. Whalen, 845 P.2d 37 (Kan. 1993). · cites it 2× “58-1202(c) provides: “Unless the instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred upon a trustee by the uniform trustees’ powers act.”
In Re the Est. of Maxedon, 946 P.2d 104 (Kan. Ct. App. 1997). · cites it 2× “, which incorporates the prudent investor rule of K.S.A. 17-5004, has any application here.”
— K.S.A. § 17-5004(a)(2) — 1 case
McGinley v. Bank of Am., N.A., 109 P.3d 1146 (Kan. 2005). ““(c) Unless the [trust] instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred Upon a trustee by the uniform trustees’ powers act.”
— K.S.A. § 17-5004(a)(l) — 1 case
Pizel v. Whalen, 845 P.2d 37 (Kan. 1993). “58-1202(c) provides: “Unless the instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred upon a trustee by the uniform trustees’ powers act.”
— K.S.A. § 17-5004(c) — 1 case
McGinley v. Bank of Am., N.A., 109 P.3d 1146 (Kan. 2005). ““(c) Unless the [trust] instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred Upon a trustee by the uniform trustees’ powers act.”
— K.S.A. § 17-5004(d) — 1 case
McGinley v. Bank of Am., N.A., 109 P.3d 1146 (Kan. 2005). ““(c) Unless the [trust] instrument expressly states otherwise the prudent man rule, as expressed in K.S.A. 17-5004, shall apply as the standard for the exercise of the powers conferred Upon a trustee by the uniform trustees’ powers act.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.