Ind. Code § 30-2-15-9

Current through P.L. 171-2024
Section 30-2-15-9 - Trustee's power to convert trust, reconvert trust, and change unitrust rate

A trustee may:

(1) release the trustee's power to adjust between trust principal and income under IC 30-2-14-15 and convert an income trust to a total return unitrust;
(2) reconvert a total return unitrust to an income trust; or
(3) change the unitrust rate;

if the requirements of this chapter are met.

IC 30-2-15-9

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