58a-110.Others treated as qualifiedbeneficiaries.(a) A charitable organization expressly mandated toreceive distributions underthe terms of atrusthas the rights of a qualified beneficiary under this code, if the charitableorganization, on the date the charitable organization's qualification is beingdetermined:
(1) Is a distributee of trust income or principal;
(2) would be a distributee of trust income or principal upon the terminationof the interests of other distributees then receiving or eligible to receivedistributions; or
(3) would be a distributee of trust income or principal if the trustterminated on that date.
(b) A person appointed to enforce a trustcreated for the care of an animal or anothernoncharitable purpose as provided inK.S.A. 58a-408 or 58a-409, andamendments thereto,has the rights of a qualified beneficiaryunder this code.
(c) The attorney general of this state has the rights of aqualifiedbeneficiary with respect to a charitable trust having its principal place ofadministration in this state.
History: L. 2002, ch. 133, § 10;L. 2006, ch. 23, § 4; July 1.
58a-110.Others treated as qualifiedbeneficiaries.(a) A charitable organization expressly mandated toreceive distributions underthe terms of atrusthas the rights of a qualified beneficiary under this code, if the charitableorganization, on the date the charitable organization's qualification is beingdetermined:
(1) Is a distributee of trust income or principal;
(2) would be a distributee of trust income or principal upon the terminationof the interests of other distributees then receiving or eligible to receivedistributions; or
(3) would be a distributee of trust income or principal if the trustterminated on that date.
(b) A person appointed to enforce a trustcreated for the care of an animal or anothernoncharitable purpose as provided inK.S.A. 58a-408 or 58a-409, andamendments thereto,has the rights of a qualified beneficiaryunder this code.
(c) The attorney general of this state has the rights of aqualifiedbeneficiary with respect to a charitable trust having its principal place ofadministration in this state.
History: L. 2002, ch. 133, § 10;L. 2006, ch. 23, § 4; July 1.
58a-110.Others treated as qualifiedbeneficiaries.(a) A charitable organization expressly mandated toreceive distributions underthe terms of atrusthas the rights of a qualified beneficiary under this code, if the charitableorganization, on the date the charitable organization's qualification is beingdetermined:
(1) Is a distributee of trust income or principal;
(2) would be a distributee of trust income or principal upon the terminationof the interests of other distributees then receiving or eligible to receivedistributions; or
(3) would be a distributee of trust income or principal if the trustterminated on that date.
(b) A person appointed to enforce a trustcreated for the care of an animal or anothernoncharitable purpose as provided inK.S.A. 58a-408 or 58a-409, andamendments thereto,has the rights of a qualified beneficiaryunder this code.
(c) The attorney general of this state has the rights of aqualifiedbeneficiary with respect to a charitable trust having its principal place ofadministration in this state.
History: L. 2002, ch. 133, § 10;L. 2006, ch. 23, § 4; July 1.
