Indiana Statutes
§ 30-4-10-51 — Discretionary distribution
An authorized fiduciary may exercise the
decanting power whether under the first trust's discretionary
distribution standard the fiduciary would have made or could have been
compelled to make a discretionary distribution of principal at the time
of the exercise.
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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