Indiana § 30-4-4-3 Judgment lien against the trustee or beneficiary

Indiana Statutes

§ 30-4-4-3 — Judgment lien against the trustee or beneficiary

Indiana § 30-4-4-3

Art. 4TRUST CODE

Ch. 4Rules Governing the Rights of Third Parties

This text of Indiana § 30-4-4-3 (Judgment lien against the trustee or beneficiary) 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 § 30-4-4-3 (2026).

Text

(Judgment Lien against the Trustee or Beneficiary)

(a)A judgment against a person individually who may also be a trustee shall not be a lien against the trust estate.

(b)When trust property is properly sold or disposed of by the trustee to a third person, the liens against a beneficiary's interest in the trust estate, if any, will be divested from that property and will attach to the interest of that beneficiary in the proceeds from its sale or other disposition. Formerly: Acts 1971, P.L.416, SEC.5.

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(Judgment Lien against the Trustee or
Beneficiary)
(a) A judgment against a person individually who may also be a
trustee shall not be a lien against the trust estate.
(b) When trust property is properly sold or disposed of by the trustee
to a third person, the liens against a beneficiary's interest in the trust
estate, if any, will be divested from that property and will attach to the
interest of that beneficiary in the proceeds from its sale or other
disposition.
Formerly: Acts 1971, P.L.416, SEC.5.