Indiana Statutes
§ 30-4-10-34 — Liability for an action or failure to act by a trustee or person
A trustee or person that reasonably relies on:
(1)the validity of a distribution of the property of a trust to
another trust; or
(2)a modification of a trust under this chapter, law of this state
other than this article, or the law of another jurisdiction;
is not liable to any person for any action or failure to act as a result of
the reliance.
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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