The following persons may be appointed as fiduciary: (1) Any resident of the state of Kentucky, over eighteen (18) years of age, except as set out in KRS 395.080; (2) Any national bank located in Kentucky having fiduciary powers; (3) Any state bank or trus t company incorporated under the laws of this state and authorized by law to act as fiduciary; (4) To the extent permitted pursuant to KRS 286.3 -146 and 286.3-920(5), any bank or trust company organized under the laws of a state other than Kentucky; and (5) Any nonresident of legal age who is as to the decedent, ward, or incompetent, related by consanguinity, marriage, adoption or the spouse of such person so related.
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