Indiana Statutes

§ 30-4-7-9 — Court order

Indiana·Art. 4 TRUST CODE·Ch. 7 Adjudicated Compromise of Controversies

If the court finds:

(1)the contest or controversy is in good faith; and
(2)the effect of the agreement on the interests of all the parties is just and reasonable; the court shall enter an order approving the agreement submitted under section 7 of this chapter and directing the trustee and the parties to the agreement to carry out the terms of the agreement.

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Legislative History

As added by P.L.200-1991, SEC.6.

Nearby Sections

15
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