Unitrust rate for a cemetery perpetual care fund

Ind. Code § 30-2-15-15.2
in effect
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Sec. 15.2. (a) This section applies to a trust described in section 2(2) of this chapter. (b) A trust may have a unitrust rate that represents a reasonable current return from the trust and best serves the purpose of the perpetual care (as defined in IC 23-14-33-30) of the cemetery, but that is not less than three percent (3%) or more than five percent (5%), if the rate is: (1) agreed upon in writing by the trustee and the owner of the cemetery; or (2) ordered by the court having jurisdiction of the trust. As added by P.L.33-2019, SEC.12.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/30Fetched: 10/17/2026

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