Indiana Statutes
§ 30-2-15-22 — Prorating unitrust amount in short year
Indiana § 30-2-15-22
This text of Indiana § 30-2-15-22 (Prorating unitrust amount in short year) 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 § 30-2-15-22 (2026).
Text
(a)As used in this section, "short year"
refers to a part of a calendar year that:
(1)begins when the interest of the current beneficiary or class of
current beneficiaries begins; or
(2)ends when the interest of the current beneficiary or class of
beneficiaries ends.
(b)The trustee shall prorate the unitrust amount on a daily basis in
a short 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 § 30-2-15-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-15-22.