Indiana Statutes
§ 30-4-2-9 — Necessity of powers or duties
(Necessity of Powers or Duties)
Subject to 30-4-2-13, if the trustee has neither a power nor a duty
related to the administration of the trust, the title to the trust property
will be treated as having vested directly in the beneficiary on the date
of delivery to the trustee.
Formerly: Acts 1971, P.L.416, SEC.3.
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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