Indiana Statutes

§ 30-4-10-50 — Duration of second trust; property attributable to both first trust and second trust

Indiana § 30-4-10-50
JurisdictionIndiana
Art. 4TRUST CODE
Ch. 10Uniform Trust Decanting Act

This text of Indiana § 30-4-10-50 (Duration of second trust; property attributable to both first trust and second trust) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 30-4-10-50 (2026).

Text

(a)Subject to subsection (b), a second trust may have a duration that is the same as or different from the duration of the first trust.
(b)To the extent that property of a second trust is attributable to property of the first trust, the property of the second trust is subject to any rules governing maximum perpetuity, accumulation, or suspension of the power of alienation that apply to property of the first trust.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 30-4-10-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-4-10-50.