Indiana § 30-4-5.5-1 Remedies by attorney general against certain trustees and other
individuals

Indiana Statutes

§ 30-4-5.5-1 — Remedies by attorney general against certain trustees and other individuals

Indiana § 30-4-5.5-1

Art. 4TRUST CODE

Ch. 5.5Enforcement Powers of Attorney General

This text of Indiana § 30-4-5.5-1 (Remedies by attorney general against certain trustees and other individuals) 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 § 30-4-5.5-1 (2026).

Text

(a)This section applies to the following:

(1)A trustee of a benevolent trust, including a perpetual care fund or endowment care fund established under IC 23-14-48 or a prepaid funeral trust or escrow account established under IC 30-2-9, IC 30-2-10, or IC 30-2-13.

(2)A cemetery owner.

(3)A funeral home.

(4)A beneficiary of a contract entered into under IC 30-2-9.

(5)A seller (as defined in IC 30-2-13-10) under IC 30-2-13.

(6)Any other person that holds a perpetual care fund, an endowment care fund, or a prepaid funeral trust fund.

(b)A person described in subsection (a) may not do any of the following:

(1)Commit a breach of trust.

(2)Violate the mandate of a charitable trust.

(3)Violate a duty listed in this article.

(4)Fail to comply with a requirement or prohibition set forth

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(a) This section applies to the following:
(1) A trustee of a benevolent trust, including a perpetual care fund
or endowment care fund established under IC 23-14-48 or a
prepaid funeral trust or escrow account established under IC 30-2-9, IC 30-2-10, or IC 30-2-13.
(2) A cemetery owner.
(3) A funeral home.
(4) A beneficiary of a contract entered into under IC 30-2-9.
(5) A seller (as defined in IC 30-2-13-10) under IC 30-2-13.
(6) Any other person that holds a perpetual care fund, an
endowment care fund, or a prepaid funeral trust fund.
(b) A person described in subsection (a) may not do any of the
following:
(1) Commit a breach of trust.
(2) Violate the mandate of a charitable trust.
(3) Violate a duty listed in this article.
(4) Fail to comply with a requirement or prohibition set forth in
any of the following:
(A) IC 23-14-48.
(B) IC 23-14-48.5.
(C) IC 23-14-49.
(D) IC 23-14-51.
(E) IC 30-2-9.
(F) IC 30-2-10.
(G) IC 30-2-13.
(H) IC 30-4.
(c) The attorney general may petition a court to issue one (1) or
more of the following remedies for a breach, violation, or failure
enumerated in subsection (b):
(1) Injunctive relief.
(2) Appointment of temporary or permanent receivers.
(3) Permanent removal of trustees.
(4) Appointment of permanent replacement trustees subject to
court approval.
A remedy under this subsection is in addition to any other remedy.
(d) The attorney general may seek a remedy listed in subsection (c)
against a trustee, a trust, or any other person described in subsection (a)
for a breach, violation, or failure enumerated in subsection (b).
(e) A court in which an action is brought under this section may do
the following:
(1) Issue a temporary restraining order, preliminary injunction, or
permanent injunction.
(2) Order a trustee, an escrow agent, a seller (as defined in IC 30-2-13-10), a cemetery owner, or a funeral home to pay
restitution or money unlawfully received or retained from
purchasers and deposit the restitution or money into an escrow
account for distribution to aggrieved purchasers.
(3) Order a trustee, an escrow agent, a seller (as defined in IC 30-2-13-10), a cemetery owner, or a funeral home to reimburse
the state for reasonable costs incurred by the attorney general in
investigating and prosecuting a violation of this section.
(4) Impose civil penalties.
(5) Provide for the appointment of a receiver.