"Beneficiary"

Ind. Code § 30-4-10-5
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 5. As used in this chapter, "beneficiary" means a person that: (1) has a present or future, vested or contingent, beneficial interest in a trust; (2) holds a power of appointment over trust property; or (3) is an identified charitable organization that may receive distributions under the terms of the trust. As added by P.L.161-2022, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/30Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements