Reconversion's release of power to adjust void

Ind. Code § 30-2-15-14
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 14. This section applies if a total return unitrust is reconverted to an income trust. The trustee's release of the trustee's power under IC 30-2-14-15, if it was given at the time the trust was converted to a total return unitrust, is void when the trust is reconverted. As added by P.L.3-2003, SEC.2.
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