395.325 Fiduciary resignation or disability -- Settlement of accounts. (1) If any fiduciary resigns or is removed, he shall upon the appointment of his successor settle his accounts. (2) If any fiduciary becomes mentally disabled or dies, the personal representative of his estate shall upon the appointment of a successor fiduciar y for the mentally disabled fiduciary or decedent settle for his decedent the accounts of the first decedent. Effective: July 15, 2014 History: Amended 2014 Ky. Acts ch. 25, sec. 114, effective July 15, 2014. -- Amended 1982 Ky. Acts ch. 141, sec. 109, eff ective July 1, 1982; and ch. 277, sec. 13, effective July 15, 1982 -- Created 1970 Ky. Acts ch. 257, sec. 4. Note: 1982 Ky. Acts ch. 277, sec. 14 attempted to amend this section as it was amended by 1980 Ky. Acts ch. 396, sec. 122, which would have taken e ffect July 1, 1982. However, 1980 Ky. Acts ch. 396 was repealed by 1982 Ky. Acts ch. 141, sec. 146, effective July 1, 1982. Therefore, the amendment by 1982 Ky. Acts ch. 227, sec. 14 was not made.
Kentucky Legal Code