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2018 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 15. Total Return Unitrusts
30-2-15-14. Reconversion's release of power to adjust void
Universal Citation: IN Code § 30-2-15-14 (2018)
IC 30-2-15-14 Reconversion's release of power to adjust void
Sec. 14. This section applies if a total return unitrust is reconverted to an income trust. The trustee's release of the trustee's power under IC 30-2-14-15, if it was given at the time the trust was converted to a total return unitrust, is void when the trust is reconverted.
As added by P.L.3-2003, SEC.2.
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