IC 30-2-15-11 — Petition by trustee
Chapter 15. Total Return Unitrusts
Section text
Sec. 11. If a trustee: (1) receives an objection under section 10 of this chapter; (2) elects not to proceed under section 10 of this chapter; or (3) is not able to proceed under section 10 of this chapter because the trustee does not have the power to adjust under IC 30-2-14-15(c)(5), IC 30-2-14-15(c)(6), or IC 30-2-14-15(c)(7); the trustee may petition the court having jurisdiction of the trust for an order that allows the trustee to take an action described in section 9 of this chapter.
As added by P.L.3-2003, SEC.2.
Source: official publisher (2026 edition)