A statutory trust is dissolved by:

1. (1) Administrative dissolution under Subchapter 7 of KRS Chapter 14A;

2. (2) The filing of articles of dissolution under KRS 386A.8-020:

   1. (a) On the occurrence of an event or circumstance that the governing instrument states causes dissolution; or
   2. (b) With the approval of the beneficial owners;
3. (3) Having no beneficial owners for ninety (90) days; or
4. (4) Judicial dissolution in accordance with KRS 386A.8-030.

Effective: July 12, 2012

History: Created 2012 Ky. Acts ch. 81, sec. 64, effective July 12, 2012.