2018 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 15. Total Return Unitrusts
30-2-15-11. Petition by trustee

Universal Citation: IN Code § 30-2-15-11 (2018)
IC 30-2-15-11 Petition by trustee

     Sec. 11. If a trustee:

(1) receives an objection under section 10 of this chapter;

(2) elects not to proceed under section 10 of this chapter; or

(3) is not able to proceed under section 10 of this chapter because the trustee does not have the power to adjust under IC 30-2-14-15(c)(5), IC 30-2-14-15(c)(6), or IC 30-2-14-15(c)(7);

the trustee may petition the court having jurisdiction of the trust for an order that allows the trustee to take an action described in section 9 of this chapter.

As added by P.L.3-2003, SEC.2.

 

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