Kentucky Revised Statutes

Ky. Rev. Stat. § 386B.9-010 (2026)

Trustee to act as prudent investor

✓ current as of May 2026
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All trustees acting under this chapter with respect to investments shall have the authority and duties as set forth in KRS 286.3-277 to act as a prudent investor. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 78, effective July 15, 2014.

Notes of Decisions
Brett Kincaid v. Michael D. Foley, Member of the Advisory Comm. Fund C Created Under the Trust Agreement of Garvice D. Kincaid, Dated February 26, 1964, as Amended (Ky. Ct. App. 2025). “” KRS 386B.9-010. Under this prudent investment standard, there is authority that a trustee must prudently manage the risk associated with the trust assets, and to that end, the trustee has a general duty to diversify the assets of the trusts.”
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