Senate Status:
2023 Statute
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58a-110. (a) A charitable organization expressly mandated to receive distributions under the terms of a trust has the rights of a qualified beneficiary under this code, if the charitable organization, on the date the charitable organization's qualification is being determined: (1) Is a distributee of trust income or principal; (2) would be a distributee of trust income or principal upon the termination of the interests of other distributees then receiving or eligible to receive distributions; or (3) would be a distributee of trust income or principal if the trust terminated on that date. (b) A person appointed to enforce a trust created for the care of an animal or another noncharitable purpose as provided in K.S.A. 58a-408 or 58a-409, and amendments thereto, has the rights of a qualified beneficiary under this code. (c) The attorney general of this state has the rights of a qualified beneficiary with respect to a charitable trust having its principal place of administration in this state. |
History: L. 2002, ch. 133, § 10; L. 2006, ch. 23, § 4; July 1. |
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