Section 30-2-15-2 - "Income trust" As used in this chapter, "income trust" means:
(1) a trust created by an inter vivos or a testamentary instrument that has terms that describe the amount that may or must be distributed to a beneficiary by referring to the trust's income; or(2) a cemetery perpetual care fund established under IC 23-14-48-2.Amended by P.L. 33-2019,SEC. 8, eff. 7/1/2019.As added by P.L. 3-2003, SEC.2.