Indiana Statutes

§ 30-4-10-24 — "Reasonably definite standard"

Indiana·Art. 4 TRUST CODE·Ch. 10 Uniform Trust Decanting Act
As used in this chapter, "reasonably definite standard" means a clearly measurable standard under which a holder of a power of distribution is legally accountable within the meaning of 26 U.S.C. 674(b)(5)(A) and applicable regulations.

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Related

§ 674
26 U.S.C. § 674

Legislative History

As added by P.L.161-2022, SEC.3.

Nearby Sections

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