Indiana § 30-4-3-8 Duties of co-trustees

Indiana Statutes

§ 30-4-3-8 — Duties of co-trustees

Indiana·Art. 4 TRUST CODE·Ch. 3 Rules Governing the Rights, Powers, Duties, Liabilities,

(Duties of Co-Trustee) Unless the terms of the trust provide otherwise, if there are two (2) or more trustees, each has a duty to:

(a)participate in the administration of the trust;

(b)take whatever action is reasonable to prevent a co-trustee from committing a breach of trust; and

(c)take whatever action is reasonable to compel a co-trustee to redress a breach of trust. Formerly: Acts 1971, P.L.416, SEC.4.

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(Duties of Co-Trustee)
Unless the terms of the trust provide otherwise, if there are two (2)
or more trustees, each has a duty to:
(a) participate in the administration of the trust;
(b) take whatever action is reasonable to prevent a co-trustee from
committing a breach of trust; and
(c) take whatever action is reasonable to compel a co-trustee to
redress a breach of trust.
Formerly: Acts 1971, P.L.416, SEC.4.

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