Indiana Statutes
§ 10-18-7-5 — Authority to hold and manage funds in trust; trusts created by will
(a)A memorial corporation organized under
this chapter may hold and manage funds, money, or property in trust for
any person or for any purpose expressed in the terms of the trust.
However, the trust must be for some of the purposes or objects set forth
in sections 1 and 2 of this chapter.
(b)A person competent to make a will may create a trust under this
section.
[Pre-2003 Recodification Citation: 10-7-12-5.]
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Legislative History
As added by P.L.2-2003, SEC.9.
Nearby Sections
15
§ 10-10-1-1
"Prior law"§ 10-10-1-2
Purpose of recodification§ 10-10-1-3
Statutory construction of recodification§ 10-10-1-4
Effect of recodification§ 10-10-1-5
Recodification of prior law§ 10-10-1-6
References to repealed statutes§ 10-10-1-7
References to citations§ 10-10-1-8
References to prior rules§ 10-10-1-9
References to prior law§ 10-10.5-1-1
Applicability of definitions§ 10-10.5-1-2
"Indiana first responder"§ 10-10.5-1-3
"Law enforcement officer"§ 10-10.5-1-4
"PSAP"§ 10-10.5-1-5
"Public safety agency"§ 10-10.5-1-6
"Public safety telecommunicator"