IC 30-2-14-10 — "Principal" defined
Chapter 14. Uniform Principal and Income Act
Section text
Sec. 10. As used in this chapter, "principal" means property that is held in trust for distribution to a remainder beneficiary when the trust terminates or that will remain perpetually vested in the trustee.
As added by P.L.84-2002, SEC.2.
Source: official publisher (2026 edition)