Indiana Statutes
§ 30-2-15-2 — "Income trust"
As used in this chapter, "income trust" means:
(1)a trust created by an inter vivos or a testamentary instrument
that has terms that describe the amount that may or must be
distributed to a beneficiary by referring to the trust's income; or
(2)a cemetery perpetual care fund established under IC 23-14-48-2.
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Legislative History
As added by P.L.3-2003, SEC.2. Amended by P.L.33-2019,
SEC.8.
Nearby Sections
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§ 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