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§ 30-2-15-9 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 30 - Trusts and Fiduciaries/
  5. Article 2 - General Provisions/
  6. Chapter 15 - Total Return Unitrusts30-2-15-1. "Current Valuation Year"/
  7. § 30-2-15-9
Indiana Legal Code

§ 30-2-15-9

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A trustee may:(1) release the trustee's power to adjust between trust principal and income under IC 30-2-14-15 and convert an income trust to a total return unitrust;(2) reconvert a total return unitrust to an income trust; or(3) change the unitrust rate;if the requirements of this chapter are met.As added by P.L.3-2003, SEC.2.