Indiana Statutes

§ 30-2-15-11 — Petition by trustee

Indiana·Art. 2 GENERAL PROVISIONS·Ch. 15 Total Return Unitrusts

If a trustee:

(1)receives an objection under section 10 of this chapter;
(2)elects not to proceed under section 10 of this chapter; or
(3)is not able to proceed under section 10 of this chapter because the trustee does not have the power to adjust under IC 30-2-14-15(c)(5), IC 30-2-14-15(c)(6), or IC 30-2-14-15(c)(7); the trustee may petition the court having jurisdiction of the trust for an order that allows the trustee to take an action described in section 9 of this chapter.

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Legislative History

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

Nearby Sections

15
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