# 12 Del. C. ch. 38 — Delaware Statutory Trust Act (§§ 3801 et seq.) URL: https://consilena.com/coverage/laws/ksrc_hy28reay6b7wt0p7 - Jurisdiction: Delaware - Type: Statute - Identifier: /de/title12/ch38 - Current as of: 1 September 1988 - Provisions: 50 - Official text: https://delcode.delaware.gov/title12/c038/ > The library is a research copy. Check the official source before relying on a provision: the text published there, not the copy in Consilena, is the law. ## Provisions - **§ 3820. Conversion of other business entities to a statutory trust.**: (a) Any other business entity formed or organized or existing under the laws of the State… - **§ 3887. Special meeting notice.**: (a) If a special meeting of beneficial owners is requested, notice of the special meeting shall be given as promptly as… - **§ 3817. Indemnification.**: (a) Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a statutory trust, a statutory… - **§ 3855. Amendments to application.**: If any statement in the application for registration of a foreign statutory trust was false when made or any arrangements or… - **§ 3818. Treasury interests.**: Except to the extent otherwise provided in the governing instrument of a statutory trust, a statutory trust may acquire, by… - **§ 3806. Management of statutory trust.**: (a) Except to the extent otherwise provided in the governing instrument of a statutory trust, the business and affairs… - **§ 3856. Cancellation of registration.**: A foreign statutory trust may cancel its registration by filing with the Secretary of State a certificate of… - **§ 3825. Division of a statutory trust.**: (a) As used in this section and § 3810 of this title: (1) “Dividing trust” means the statutory trust that is effecting a… - **§ 3822. Domestication of non-United States entities.**: (a) As used in this section, “non-United States entity” means a foreign statutory trust (other than one… - **§ 3826. Document form, signature and delivery.**: (a) Except as provided in subsection (b) of this section, without limiting the manner in which any act or… - **§ 3819. Access to and confidentiality of information; records.**: (a) Except to the extent otherwise provided in the governing instrument of a statutory trust… - **§ 3857. Doing business without registration.**: (a) A foreign statutory trust doing business in the State may not maintain any action, suit or proceeding in the… - **§ 3808. Existence of statutory trust.**: (a) Except to the extent otherwise provided in the governing instrument of the statutory trust, a statutory trust shall… - **§ 3881. Control beneficial interest acquisition definitions.**: (a) “1940 Act” means the Investment Company Act of 1940, as amended (15 U.S.C. § 80a-1 et seq.)… - **§ 3888. Disclosure of control beneficial interest acquisitions and related information.**: (a) A holder of beneficial interests shall disclose to the statutory… - **§ 3828. Construction and application of chapter and governing instrument.**: (a) The rule that statutes in derogation of the common law are to be strictly… - **§ 3827. Reserved power of State to amend or repeal chapter.**: All provisions of this chapter may be altered from time to time or repealed and all rights of… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: (a) Pursuant to an agreement of merger or consolidation, a statutory trust may merge or… - **§ 3858. Foreign statutory trusts doing business without having qualified; injunctions.**: The Court of Chancery shall have jurisdiction to enjoin any foreign… - **§ 3814. Use of names regulated.**: (a) The name of each statutory trust as set forth in its certificate of trust must be such as to distinguish it upon the… - **§ 3829. Short title.**: This chapter may be cited as the “Delaware Statutory Trust Act.” - **§ 3883. Voting rights; approvals and exemptions; application.**: (a) Holders of control beneficial interests of the statutory trust acquired in a control… - **§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].**: (a) Any foreign statutory trust which shall do business in… - **§ 3807. Trustee in State; registered agent.**: (a) Every statutory trust shall at all times have at least 1 trustee which, in the case of a natural person, shall… - **§ 3886. Special meeting requirements; limitations.**: (a) A call of a special meeting of beneficial owners of the statutory trust is not required to be made under… - **§ 3816. Derivative actions.**: (a) A beneficial owner may bring an action in the Court of Chancery in the right of a statutory trust to recover a judgment in its… - **§ 3884. Acquiring person statement.**: Any person who proposes to make or who has made a control beneficial interest acquisition may deliver an acquiring person… - **§ 3801. Definitions.**: (a) “Beneficial owner” means any owner of a beneficial interest in a statutory trust, the fact of ownership to be determined and evidenced… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: (a) A statutory trust may sue and be sued, and service of process upon 1 of the trustees shall be… - **§ 3821. Conversion of a statutory trust.**: (a) Upon compliance with this section, a statutory trust may convert to an other business entity. (b) If the governing… - **§ 3811. Execution.**: (a) Each certificate required by this subchapter to be filed in the office of the Secretary of State shall be executed in the following… ### ["CHAPTER 38. Treatment of Delaware Statutory Trusts", "Subchapter II. Foreign Statutory Trusts", "§ 3859. Execution — Liability."] - **Liability."] § 3859. Execution — Liability.**: Liability. Section 3811(c) of this title shall be applicable to foreign statutory trusts as if they were domestic statutory trusts. - **§ 3823. Transfer or continuance of domestic statutory trusts.**: (a) Upon compliance with the provisions of this section, any statutory trust may transfer to or… - **§ 3812. Filing of certificate.**: (a) Any certificate authorized to be filed with the office of the Secretary of State under this subchapter (or any judicial… - **§ 3805. Rights of beneficial owners and trustees in trust property.**: (a) Except to the extent otherwise provided in the governing instrument of the statutory… - **§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].**: (a) Service of legal process upon any foreign statutory trust… - **§ 3885. Acquiring person meeting request.**: (a) Except as provided in § 3886 of this title, if the acquiring person requests, at the time of delivery of an… - **§ 3851. Law governing.**: Subject to the Constitution of the State: (1) The laws of the state, territory, possession or other jurisdiction or country under which… - **§ 3882. Related acquisitions; beneficial interests held for the benefit of others.**: For the purposes of this subchapter: (1) Beneficial interests acquired… - **§ 3809. Applicability of trust law.**: Except to the extent otherwise provided in the governing instrument of a statutory trust or in this subchapter, the laws of… - **§ 3854. Name; registered office; registered agent.**: (a) A foreign statutory trust may register with the Secretary of State under any name (whether or not it is… - **§ 3862. Fees [Effective until Aug. 1, 2026].**: No document required to be filed under this subchapter shall be effective until the applicable fee required by… - **§ 3863. Activities not constituting doing business.**: (a) Activities of a foreign statutory trust in the State of Delaware that do not constitute doing business… - **§ 3802. Contributions by beneficial owners.**: (a) A contribution of a beneficial owner to the statutory trust may be in cash, property or services rendered, or a… - **§ 3853. Issuance of registration.**: (a) If the Secretary of State finds that an application for registration conforms to law and all requisite fees have been… - **§ 3813. Fees [Effective until Aug. 1, 2026].**: (a) No documents required to be filed under this subchapter shall be effective until the applicable fee required… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (a) (1) Every statutory trust shall file a certificate of trust in the office of the… - **§ 3852. Registration required; application.**: (a) Before doing business in the State of Delaware, a foreign statutory trust shall register with the Secretary of… - **§ 3824. Judicial cancellation of certificate of trust; proceedings.**: (a) Upon motion by the Attorney General, the Court of Chancery shall have jurisdiction to… - **§ 3803. Liability of beneficial owners and trustees.**: (a) Except to the extent otherwise provided in the governing instrument of the statutory trust, the… - **§ 3814. Use of names regulated.**: to amend its certificate of trust to comply with this subsection. (b) The name of each statutory trust as set forth in its… - **§ 3854. Name; registered office; registered agent.**: (2) A registered agent for service of process on the foreign statutory trust, having a business office… - **§ 3881. Control beneficial interest acquisition definitions.**: (1) “Control beneficial interest acquisition” means the acquisition, directly or indirectly, by… - **§ 3808. Existence of statutory trust.**: (2) In the case of dissolution at the time or upon the happening of events specified in a governing instrument (other… - **§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].**: State, and such service shall be as effectual for all intents… - **§ 3802. Contributions by beneficial owners.**: that of nondefaulting beneficial owners, a forced sale of the beneficial interest, forfeiture of the beneficial… - **§ 3812. Filing of certificate.**: (4) Enter such information from the certificate as the Secretary of State deems appropriate into the Delaware Corporation… - **§ 3813. Fees [Effective until Aug. 1, 2026].**: (5) Upon the receipt for filing of a certificate under § 3807(e) of this title, a fee in the amount of $200, upon… - **§ 3805. Rights of beneficial owners and trustees in trust property.**: to, a creditor of the statutory trust with respect to the distribution. A governing… - **§ 3863. Activities not constituting doing business.**: (12) Doing business in the State of Delaware as an insurance company. (b) A person shall not be deemed to… - **§ 3807. Trustee in State; registered agent.**: (2) A registered agent for service of process on the statutory trust, which agent may be either an individual… - **§ 3883. Voting rights; approvals and exemptions; application.**: instrument or by action of the trustees. In the event that either a request is made under §… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (1) A certificate of trust may be amended by filing a certificate of amendment thereto in… - **§ 3826. Document form, signature and delivery.**: (3) Unless otherwise provided in the governing instrument or agreed between the sender and recipient, an… - **§ 3822. Domestication of non-United States entities.**: (2) The name of the non-United States entity immediately prior to the filing of the certificate of… - **§ 3820. Conversion of other business entities to a statutory trust.**: (4) The future effective date or time (which shall be a date or time certain) of the… - **§ 3801. Definitions.**: (1) May provide that a person shall become a beneficial owner or a trustee if such person (or, in the case of a beneficial owner, a… - **§ 3811. Execution.**: (4) If a statutory trust is filing a certificate of merger or consolidation, certificate of conversion, certificate of transfer, certificate… - **§ 3806. Management of statutory trust.**: (1) May provide for classes, groups or series of trustees or beneficial owners, or classes, groups or series of… - **§ 3825. Division of a statutory trust.**: (6) “Surviving trust” means a dividing trust that survives the division. (b) Pursuant to a plan of division, any… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: or regulated as a business development company under the Investment Company Act of 1940, as… - **§ 3885. Acquiring person meeting request.**: sooner than 30 days after the day on which the statutory trust receives the acquiring person statement. (e) (1) If no… - **§ 3816. Derivative actions.**: (2) Plaintiff’s status as a beneficial owner had devolved upon plaintiff by operation of law or pursuant to the terms of the… - **§ 3819. Access to and confidentiality of information; records.**: (4) Other information regarding the affairs of the statutory trust as is just and reasonable… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: (2) of this title, and to the extent separate and distinct records are maintained for any such series… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: party to the merger or consolidation may be exchanged for or converted into cash, property… - **§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].**: statutory trust to register under § 3852 of this title… - **§ 3852. Registration required; application.**: (2) A certificate, as of a date not earlier than 6 months prior to the filing date, issued by an authorized officer… - **§ 3821. Conversion of a statutory trust.**: by the approval of all of the trustees and by the beneficial owners who own more than 50% of the then current… - **§ 3807. Trustee in State; registered agent.**: (1)b. of this title. (d) Service of process upon a registered agent maintained by a statutory trust pursuant to… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: (2) That an agreement of merger or consolidation has been approved and executed by each of the… - **§ 3826. Document form, signature and delivery.**: (1) A document filed with or submitted to the Secretary of State, the Prothonotary, the Register in Chancery, or… - **§ 3808. Existence of statutory trust.**: made known to the statutory trust or that have not arisen but that, based on the facts known to the statutory trust, are… - **§ 3801. Definitions.**: (3) May contain any provision that is not inconsistent with law or with the information contained in the certificate of trust. A statutory… - **§ 3881. Control beneficial interest acquisition definitions.**: (2) of this section) owned by a person or in respect of which that person is entitled to exercise… - **§ 3811. Execution.**: the Secretary of State, but if in writing, must be retained by the statutory trust or a trustee or other person authorized to manage the… - **§ 3814. Use of names regulated.**: (1) Any person intending to form a statutory trust and to adopt that name; and - **§ 3813. Fees [Effective until Aug. 1, 2026].**: (1) For all services described in subsection (a) of this section that are requested to be completed within 30… - **§ 3854. Name; registered office; registered agent.**: shall be located at the new address of the registered agent thereof as given in the certificate. In the… - **§ 3812. Filing of certificate.**: (2) of this title shall be paid at the time of the filing of a certificate of trust, a certificate of amendment, a certificate… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: (2) Restrict a statutory trust from agreeing in the governing instrument or otherwise that any or all… - **§ 3860. Service of process on registered foreign statutory trusts [Effective until Aug. 1, 2026].**: name of the plaintiff and defendant, the title, docket number… - **§ 3805. Rights of beneficial owners and trustees in trust property.**: or series in respect to assets specifically allocated to the class, group or series as… - **§ 3819. Access to and confidentiality of information; records.**: agent shall be the person who seeks the right to obtain the information described in subsection… - **§ 3806. Management of statutory trust.**: (3) May provide for the taking of any action, including the amendment of the governing instrument, the accomplishment of… - **§ 3820. Conversion of other business entities to a statutory trust.**: (2) of this title, the existence of the statutory trust shall be deemed to have commenced… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: (1) The name of the statutory trust and, if it has been changed, the name under which its… - **§ 3861. Service of process on unregistered foreign statutory trusts [Effective until Aug. 1, 2026].**: 8. (c) In the event of service upon the Secretary of State… - **§ 3821. Conversion of a statutory trust.**: 2020. (c) Unless otherwise agreed, the conversion of a statutory trust to an other business entity pursuant to this… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (1) A certificate of trust may be restated by integrating into a single instrument all of… - **§ 3822. Domestication of non-United States entities.**: (2) of this title, the existence of the statutory trust shall be deemed to have commenced on the date the… - **§ 3825. Division of a statutory trust.**: statutory trust as a constituent party to the merger or consolidation. If the governing instrument of a dividing trust… - **§ 3821. Conversion of a statutory trust.**: (3) The jurisdiction in which the other business entity, to which the statutory trust shall be converted, is… - **§ 3811. Execution.**: members, partners, trustees, employees or agents shall be deemed coupled with an interest sufficient in law to support an irrevocable power… - **§ 3801. Definitions.**: (g) “Other business entity” means a corporation, a partnership (whether general or limited), a limited liability company, a common-law… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (2) A certificate of trust may be restated at any time for any purpose as the trustees may… - **§ 3820. Conversion of other business entities to a statutory trust.**: if said debts, liabilities and duties had been incurred or contracted by it in its capacity… - **§ 3812. Filing of certificate.**: (2) of this title and is notice of the limitation on liability of a series of a statutory trust which is permitted to be set… - **§ 3814. Use of names regulated.**: (2) Any statutory trust registered in this State which proposes to change its name. (e) The reservation of a specified name… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: a violation by a trustee of a duty to the statutory trust, or any beneficial owner, whether or not… - **§ 3807. Trustee in State; registered agent.**: (1)b. of this title, has changed may change such name in the certificates of trust of all statutory trusts for… - **§ 3825. Division of a statutory trust.**: section shall not require such statutory trust to wind up its affairs or pay its liabilities and distribute its assets… - **§ 3822. Domestication of non-United States entities.**: and powers of the non-United States entity that has been domesticated, and all property, real, personal… - **§ 3813. Fees [Effective until Aug. 1, 2026].**: (3) For all services described in subsection (a) of this section that are requested to be completed within a… - **§ 3854. Name; registered office; registered agent.**: (3) A division of the registered agent in which an identified resulting person succeeds to all of the assets… - **§ 3808. Existence of statutory trust.**: this title is dissolved and its affairs shall be wound up at the time or upon the happening of events specified in the… - **§ 3881. Control beneficial interest acquisition definitions.**: is otherwise precluded by the rules of such exchange from voting without instructions. (2)… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: (7) The address (which may not be that of the statutory trust’s registered agent, as applicable… - **§ 3806. Management of statutory trust.**: (6) May provide for the present or future creation of more than 1 statutory trust, including the creation of a future… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: (8) If the surviving or resulting person is not a statutory trust or other business entity… - **§ 3820. Conversion of other business entities to a statutory trust.**: This section shall not be construed to limit the accomplishment of a change in the law… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: the Register in Chancery of the court in which the civil action or proceeding is pending shall… - **§ 3825. Division of a statutory trust.**: (3) Shall effect the adoption of a governing instrument for each resulting trust. Any amendment to a governing… - **§ 3881. Control beneficial interest acquisition definitions.**: (4) A trustee of the statutory trust who is an “interested person” of the statutory trust as… - **§ 3806. Management of statutory trust.**: (9) May provide for the manner in which it may be amended, including by requiring the approval of a person who is not a… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: courier and a record of delivery evidenced by the signature of the recipient. Such letter… - **§ 3801. Definitions.**: (1) Is created by a governing instrument under which property is or will be held, managed, administered, controlled, invested, reinvested… - **§ 3807. Trustee in State; registered agent.**: (5) of this title and filing with the Secretary of State a certificate, executed by such trustee or registered… - **§ 3854. Name; registered office; registered agent.**: of the application of each foreign statutory trust affected thereby, and each such foreign statutory trust… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (2) The date of filing of its certificate of trust; (3) The future effective date or time… - **§ 3814. Use of names regulated.**: a notation thereon of the action taken with respect to the original copy thereof by the Secretary of State. (f) Fees as set… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: (8) In the case of a certificate of transfer and continuance, that the statutory trust will… - **§ 3822. Domestication of non-United States entities.**: State, be deemed to be the same person as the domesticating non-United States entity. Unless otherwise… - **§ 3821. Conversion of a statutory trust.**: (6) of this section by means of electronic transmission but only as prescribed by the Secretary of State. The… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: Unless otherwise agreed, the transfer or domestication of a statutory trust out of the State of… - **§ 3821. Conversion of a statutory trust.**: and the resulting cessation of its existence as a statutory trust of the State of Delaware pursuant to a certificate… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: (4) Any other information the trustee determines to include therein. A certificate of… - **§ 3825. Division of a statutory trust.**: (2) The name of each resulting trust and, if the dividing trust will survive the division, the name of the surviving… - **§ 3801. Definitions.**: (1) of this section (including, without limitation, for the purpose of holding or otherwise taking title to property, whether in an active… - **§ 3854. Name; registered office; registered agent.**: by the registered agent of the certificate of resignation, such foreign statutory trust shall not be… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: Secretary of State of a certificate of merger or consolidation. (e) A certificate of merger or… - **§ 3807. Trustee in State; registered agent.**: in § 3813(a) (5) of this title and filing a certificate with the Secretary of State stating that it resigns and… - **§ 3804. Legal proceedings [Effective until Aug. 1, 2026].**: a legal action or proceeding in the courts of the State with respect to matters relating to the… - **§ 3806. Management of statutory trust.**: (10) May provide for specific trustees, a certain number of trustees or a threshold percentage of trustees required to… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: with this subchapter. The corrected certificate shall be specifically designated as such in… - **§ 3821. Conversion of a statutory trust.**: to the other business entity to which such statutory trust has converted, and may be enforced against it to the same… - **§ 3825. Division of a statutory trust.**: (2) The date of filing of the dividing trust’s original certificate of trust with the Secretary of State; (3) The name… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: of, or interests in, the other business entity in which the statutory trust will exist in such… - **§ 3806. Management of statutory trust.**: governing instrument may provide for the limitation or elimination of any and all liabilities for breach of contract and… - **§ 3807. Trustee in State; registered agent.**: (5) of this title and filing a certificate of resignation with the Secretary of State, but such resignation shall… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: (1) or this paragraph of this section, if the statutory trust is the surviving or resulting… - **§ 3810. Certificate of trust; amendment; restatement; cancellation.**: and to collect the debts and property due and belonging to the statutory trust, with the… - **§ 3806. Management of statutory trust.**: (2) The beneficial owners may vote in person or by proxy, and such proxy may be granted in writing, by means of… - **§ 3823. Transfer or continuance of domestic statutory trusts.**: shall remain attached to the transferred or domesticated other business entity, and may be… - **§ 3825. Division of a statutory trust.**: (9) Any other information the dividing trust determines to include therein. (i) The certificate of division and each… - **§ 3807. Trustee in State; registered agent.**: As contained in any certificate of trust, application for registration as a foreign statutory trust, or other… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: 2010. (g) When any merger or consolidation shall have become effective under this section, for… - **§ 3807. Trustee in State; registered agent.**: (1) A natural person serving as a commercial registered agent shall: a. Maintain a principal residence or a… - **§ 3815. Merger and consolidation [Effective until Aug. 1, 2026].**: statutory trust which is not the surviving or resulting person in the merger or consolidation… - **§ 3825. Division of a statutory trust.**: (2) For all purposes of the laws of the State of Delaware, all of the rights, privileges and powers, and all the… - **§ 3806. Management of statutory trust.**: (1) The trustees may take such action without a meeting, without a prior notice and without a vote if consented to, in… - **§ 3807. Trustee in State; registered agent.**: (2) A domestic or foreign corporation, a domestic partnership (whether general (including a limited liability… - **§ 3806. Management of statutory trust.**: (2) The trustee may vote in person or by proxy, and such proxy may be granted in writing, by means of electronic… - **§ 3825. Division of a statutory trust.**: (4) Each of the debts, liabilities and duties of the dividing trust shall without further action be allocated to and be… - **§ 3807. Trustee in State; registered agent.**: (2)a. of this section, a “commercial registered agent” shall also include any registered agent which has an… - **§ 3806. Management of statutory trust.**: affairs of the statutory trust, which delegation may be made irrespective of whether the trustee has a conflict of… - **§ 3807. Trustee in State; registered agent.**: (2) of this title. Every registered agent shall retain (in paper or electronic form) the above information… - **§ 3825. Division of a statutory trust.**: (4) of this section, and against any resulting trust to which the asset, property, right, series, debt, liability or… - **§ 3807. Trustee in State; registered agent.**: (2) Any 1 or more of the following grounds shall be a sufficient basis to grant an injunction pursuant to this… - **§ 3806. Management of statutory trust.**: (7) or subsection (i) of this section reasonably believes are within such other person’s professional or expert… - **§ 3807. Trustee in State; registered agent.**: (3) With respect to any order the court enters pursuant to this section with respect to an entity that has acted as… - **§ 3806. Management of statutory trust.**: (2) Be liable for failure to do so. (o) Any act or transaction that may be taken by or in respect of a statutory trust… - **§ 3807. Trustee in State; registered agent.**: permitted to do business in the State of Delaware and its registration shall be canceled. If the court enjoins a… - **§ 3806. Management of statutory trust.**: (2) To amend the governing instrument in a manner that would permit such act or transaction to be validly taken, in each… - **§ 3807. Trustee in State; registered agent.**: (5) of this title and executing and filing a certificate with the Secretary of State setting forth the name and… - **§ 3806. Management of statutory trust.**: have exercised the standard of care required of the trustees under the governing instrument or this subchapter in… --- Consilena is a software provider, not a law firm. AI output is not legal advice: consult a licensed lawyer in the relevant jurisdiction. Page: https://consilena.com/coverage/laws/ksrc_hy28reay6b7wt0p7. Index of every page: https://consilena.com/llms.txt.