Definitions for subchapter

As used in this subchapter: (1) "Breach of trust" includes a violation by a trust director or trustee of a duty imposed on that director or trustee by the terms of the trust, the provisions of KRS 386B.12- 010 to 386B.12-170, or other law of this Commonwealth pertaining to trusts; (2) "Directed trust" means a trust for which the terms of the trust grant a power of direction; (3) "Directed trustee" means a trustee that is subject to a trust director's power of direction; (4) "Person" has the same meaning as in KRS 386B.1-010; (5) "Power of direction" has the same meaning as in KRS 386B.1-010; (6) "Settlor" has the same meaning as in KRS 386B.1-010; (7) "State" has the same meaning as in KRS 386B.1-010; (8) "Terms of a trust" has the same meaning as in KRS 386B.1-010; (9) "Trust director" has the same meaning as in KRS 386B.1-010; and (10) "Trustee" has the same meaning as in KRS 386B.1-010.