Indiana Statutes
§ 30-2-15-9 — Trustee's power to convert trust, reconvert trust, and change unitrust rate
A trustee may:
(1)release the trustee's power to adjust between trust principal
and income under IC 30-2-14-15 and convert an income trust to
a total return unitrust;
(2)reconvert a total return unitrust to an income trust; or
(3)change the unitrust rate;
if the requirements of this chapter are met.
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Indiana § 30-2-15-9 (Trustee's power to convert trust, reconvert trust, and change unitrust rate) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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
Definitions