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IC 30-2-15-9 — Trustee's power to convert trust, reconvert trust, and change unitrust rate

Chapter 15. Total Return Unitrusts

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Section text

Sec. 9. 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.

Source: official publisher (2026 edition)

Sections IC 30-2-15-9 cites