Indiana § 30-4-10-4 "Authorized fiduciary"

Indiana Statutes

§ 30-4-10-4 — "Authorized fiduciary"

Indiana·Art. 4 TRUST CODE·Ch. 10 Uniform Trust Decanting Act

As used in this chapter, "authorized fiduciary" means:

(1)a trustee, trust director, or other fiduciary, other than a settlor, that has discretion to distribute or direct a trustee to distribute part or all of the principal of the first trust to one (1) or more current beneficiaries;

(2)a special fiduciary appointed under section 39 of this chapter; or

(3)a special-needs fiduciary under section 43 of this chapter.

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As used in this chapter, "authorized fiduciary"
means:
(1) a trustee, trust director, or other fiduciary, other than a settlor,
that has discretion to distribute or direct a trustee to distribute part
or all of the principal of the first trust to one (1) or more current
beneficiaries;
(2) a special fiduciary appointed under section 39 of this chapter;
or
(3) a special-needs fiduciary under section 43 of this chapter.

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