Indiana Statutes
§ 30-2-14-7 — "Mandatory income interest" defined
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.
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Legislative History
As added by P.L.84-2002, SEC.2.
Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
Definitions