As used in this chapter, 'income trust' means:(1) a trust created by an inter vivos or a testamentary instrument that has terms that describe the amount that may or must be distributed to a beneficiary by referring to the trust's income; or(2) a cemetery perpetual care fund established under IC 23-14-48-2.As added by P.L.3-2003, SEC.2. Amended by P.L.33-2019, SEC.8.
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