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§ 30-4-10-4 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 30 - Trusts and Fiduciaries/
  5. Article 4 - Trust Code/
  6. Chapter 10 - Uniform Trust Decanting Act30-4-10-1. Application/
  7. § 30-4-10-4
Indiana Legal Code

§ 30-4-10-4

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As used in this chapter, 'authorized fiduciary' means:(1) a trustee, trust director, or other fiduciary, other than a settlor, that has discretion to distribute or direct a trustee to distribute part or all of the principal of the first trust to one (1) or more current beneficiaries;(2) a special fiduciary appointed under section 39 of this chapter; or(3) a special-needs fiduciary under section 43 of this chapter.As added by P.L.161-2022, SEC.3.