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2018 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 14. Uniform Principal and Income Act
30-2-14-13.5. Personal representative as a fiduciary
Universal Citation: IN Code § 30-2-14-13.5 (2018)
IC 30-2-14-13.5 Personal representative as a fiduciary
Sec. 13.5. A personal representative, including an executor, an administrator, a successor personal representative, a special administrator, or a person performing substantially the same function with respect to a decedent's estate, is a fiduciary for purposes of this chapter if:
(1) under the terms of a decedent's will this chapter applies to the administration of the estate; or
(2) under other applicable law, the personal representative is required or allowed to account for and distribute income received during administration of the estate separately from the corpus of the estate.
As added by P.L.51-2014, SEC.11.
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