Indiana Statutes
§ 30-4-10-12 — "Decanting power"
As used in this chapter, "decanting power" means the power of an authorized fiduciary under this chapter to:
(1)distribute property of a first trust to one (1) or more second
trusts; or
(2)to modify the terms of the first trust.
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Legislative History
As added by P.L.161-2022, SEC.3.
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