§ 30-4-1-3 — Application and interpretation of rules of law and terms of trust

(Application and Interpretation of the Rules of
Law and the Terms of the Trust)
The rules of law contained in this article shall be interpreted and
applied to the terms of the trust so as to implement the intent of the
settlor and the purposes of the trust. If the rules of law and the terms of
the trust conflict, the terms of the trust shall control unless the rules of
law clearly prohibit or restrict the article which the terms of the trust
purport to authorize.
Formerly: Acts 1971, P.L.416, SEC.2.