Indiana Statutes
§ 30-4-9-6 — Powers of direction
Indiana § 30-4-9-6
This text of Indiana § 30-4-9-6 (Powers of direction) 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 § 30-4-9-6 (2026).
Text
(a)Subject to section 7 of this chapter, the terms
of the trust may grant a power of direction to a trust director.
(b)Unless the terms of a trust provide otherwise:
(1)a trust director may exercise any further power appropriate to
the exercise or nonexercise of a power of direction granted to the
director under subsection (a); and
(2)trust directors with joint powers must act by majority decision.
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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
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-4-9-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-4-9-6.