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2018 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 14. Uniform Principal and Income Act
30-2-14-6. "Income interest" defined
Universal Citation: IN Code § 30-2-14-6 (2018)
IC 30-2-14-6 "Income interest" defined
Sec. 6. As used in this chapter, "income interest" means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.
As added by P.L.84-2002, SEC.2.
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