Indiana § 30-4-5-23 Private and charitable trust foundations; split-interest trusts; effective
date of IC 30-4-5-21

Indiana Statutes

§ 30-4-5-23 — Private and charitable trust foundations; split-interest trusts; effective date of IC 30-4-5-21

Indiana § 30-4-5-23

Art. 4TRUST CODE

Ch. 5Rules Governing the Administration of a Trust

This text of Indiana § 30-4-5-23 (Private and charitable trust foundations; split-interest trusts; effective date of IC 30-4-5-21) 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 § 30-4-5-23 (2026).

Text

The provisions of 30-4-5-21 shall be effective as to trusts to which such section applies in accordance with the following subsections (a) and (b):

(a)With respect to each such trust first existing on or after January 1, 1970, the provisions of 30-4-5-21 shall be effective from and after the date such trust comes into existence.

(b)With respect to each such trust existing before January 1, 1970, the provisions of 30-4-5-21 shall be effective during taxable years commencing after December 31, 1971. Formerly: Acts 1971, P.L.416, SEC.6.

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The provisions of 30-4-5-21 shall be effective
as to trusts to which such section applies in accordance with the
following subsections (a) and (b):
(a) With respect to each such trust first existing on or after January
1, 1970, the provisions of 30-4-5-21 shall be effective from and after
the date such trust comes into existence.
(b) With respect to each such trust existing before January 1, 1970,
the provisions of 30-4-5-21 shall be effective during taxable years
commencing after December 31, 1971.
Formerly: Acts 1971, P.L.416, SEC.6.