Indiana § 30-2-6-2 Income; accumulation

Indiana Statutes

§ 30-2-6-2 — Income; accumulation

Indiana·Art. 2 GENERAL PROVISIONS·Ch. 6 Exemption of Employee Benefit Trusts From Rule

The income arising from any trust within the
classification mentioned in the preceding section may be permitted to
accumulate in accordance with the terms of such trust for as long a
time as may be necessary to accomplish the purposes for which the
same was created, notwithstanding any existing law or laws limiting the
period during which trust income may be accumulated.
Formerly: Acts 1949, c.184, s.2.

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The income arising from any trust within the
classification mentioned in the preceding section may be permitted to
accumulate in accordance with the terms of such trust for as long a
time as may be necessary to accomplish the purposes for which the
same was created, notwithstanding any existing law or laws limiting the
period during which trust income may be accumulated.
Formerly: Acts 1949, c.184, s.2.

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