Indiana Statutes
§ 30-4-9-12 — Relief of cotrustee from duties and liabilities
The terms of a trust may relieve a cotrustee
from duty and liability with respect to another cotrustee's exercise or
nonexercise of a power of the other cotrustee to the same extent that in
a directed trust a directed trustee is relieved from duty and liability with
respect to a trust director's power of direction under sections 9 through
11 of this chapter.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 30-4-9-12 (Relief of cotrustee from duties and liabilities) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.221-2019, SEC.10.
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
Definitions