Indiana Statutes
§ 30-4-3.5-10 — Authorization of investments or strategies
Indiana § 30-4-3.5-10
This text of Indiana § 30-4-3.5-10 (Authorization of investments or strategies) 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 § 30-4-3.5-10 (2026).
Text
The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorizes any investment or strategy permitted under this chapter:
(1)"Investments permissible by law for investment of trust
funds".
(2)"Legal investments".
(3)"Authorized investments".
(4)"Using the judgment and care under the circumstances then
prevailing that persons of prudence, discretion, and intelligence
exercise in the management of their own affairs, not in regard to
speculation but in regard to the permanent disposition of their
funds, considering the probable income as well as the probable
safety of their capital".
(5)"Prudent man rule".
(6)"Prudent trustee rule".
(7)"Prudent person rule".
(8)"Prudent investor rule".
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Legislative History
As added by P.L.137-1999, 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
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-4-3.5-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-4-3.5-10.