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2018 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 2. GENERAL PROVISIONS
CHAPTER 6. Exemption of Employee Benefit Trusts From Rule Against Perpetuities
30-2-6-2. Income; accumulation
Universal Citation: IN Code § 30-2-6-2 (2018)
IC 30-2-6-2 Income; accumulation
Sec. 2. The income arising from any trust within the classification mentioned in the preceding section may be permitted to accumulate in accordance with the terms of such trust for as long a time as may be necessary to accomplish the purposes for which the same was created, notwithstanding any existing law or laws limiting the period during which trust income may be accumulated.
Formerly: Acts 1949, c.184, s.2.
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