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2022 Indiana Code
Title 30. Trusts and Fiduciaries
Article 2. General Provisions
Chapter 14. Uniform Principal and Income Act
30-2-14-7. "Mandatory Income Interest" Defined
Universal Citation: IN Code § 30-2-14-7 (2022)
Sec. 7. As used in this chapter, "mandatory income interest" means the right of an income beneficiary to receive net income that the terms of the trust require the fiduciary to distribute.
As added by P.L.84-2002, SEC.2.
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