Trustee's bond

58a-702. Trustee's bond. (a) A trustee shall give bond to secure performance of the trustee's duties unless otherwise waived or modified by the terms of the trust. (b) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time. (c) A regulated financial-service institution qualified to do trust business in this state need not give bond, even if required by the terms of the trust. History: L. 2002, ch. 133, § 50; January 1, 2003. Law Review and Bar Journal References: "Navigating the New Kansas Uniform Trust Code: Familiar and Unfamiliar Waters," Cheryl C. Boushka and Mark. W. Knackendoffel, 71 J.K.B.A. No. 10, 34 (2002). "The Kansas Uniform Trust Code," David M. English, 51 K.L.R. 311 (2003).