Indiana Statutes
§ 30-2-15-16 — Unitrust amount; initial two years of trust
Indiana § 30-2-15-16
This text of Indiana § 30-2-15-16 (Unitrust amount; initial two years of trust) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 30-2-15-16 (2026).
Text
For the first two (2) years of the trust or the
first two (2) years after the conversion to a total return unitrust under
this chapter, the unitrust amount for a current valuation year of the trust
must be the product of the unitrust rate multiplied by the net fair
market values of the assets held in the trust on the first business day of
the current valuation year.
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Legislative History
As added by P.L.3-2003, 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
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-2-15-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-15-16.