Application -- Principal place of administration

KRS 386B.12-010 to 386B.12-170 apply to a trust, whenever created, that has its principal place of administration in this Commonwealth, subject to the following rules: (1) If the trust was created before July 15, 2026, KRS 386B.12-010 to 386B.12-170 apply only to a decision or action occurring on or after July 15, 2026; and (2) If the principal place of administration of the trust is changed to this Commonwealth on or after July 15, 2026, KRS 386B.12-010 to 386B.12-170 apply only to a decision or action occurring on or after the date of the change.