Applicable rules
Ind. Code § 30-4-9-16
in effectSec. 16. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:
(1) Acceptance (IC 30-4-2-2).
(2) Giving of bond to secure performance (IC 30-4-6-8).
(3) Reasonable compensation (IC 30-4-5-16).
(4) Resignation and removal (IC 30-4-3-29).
(5) Vacancy and appointment of successor (IC 30-4-3-33).
As added by P.L.221-2019, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/30Fetched: 10/17/2026