Indiana Statutes

§ 30-2-15-14 — Reconversion's release of power to adjust void

Indiana·Art. 2 GENERAL PROVISIONS·Ch. 15 Total Return Unitrusts
This section applies if a total return unitrust is reconverted to an income trust. The trustee's release of the trustee's power under IC 30-2-14-15, if it was given at the time the trust was converted to a total return unitrust, is void when the trust is reconverted.

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Legislative History

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

Nearby Sections

15
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