Ind. Code § 30-2-15-14

Current through P.L. 171-2024

Section 30-2-15-14 - Reconversion's release of power to adjust void

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.

IC 30-2-15-14

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