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Senate Status:
Senate Status:
2023 Statute
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58-5007. A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under K.S.A. 2023 Supp. 58-5006(b)(1), and amendments thereto, regarding: (a) A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of medicaid law in section 1917 of the social security act, 42 U.S.C. § 1396p(d)(4)(A), as in effect on July 1, 2022; and (b) a charitable interest in the trust, including notice regarding the interest to the attorney general. |
History: L. 2022, ch. 16, § 7; July 1. |
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2024. Powered by KLISS. Rendered: 2024-06-16T08:24:07. Head Rev No: 787010(I)