Power of court to permit deviation and to approve transactions involving conflict of interest

KRS § 386.820, under ADMINISTRATION OF TRUSTS -- LEGAL INVESTMENTS -- UNIFORM PRINCIPAL AND INCOME ACT.

KRS § 386.820

conflict of interest. If the duty of the trustee and his interest as trustee of another trust conflict in the exercise of a trust power, the power may be exercised only by court authorization upon petition of the trustee.