Trustee's power to convert trust, reconvert trust, and change unitrust rate

Ind. Code § 30-2-15-9
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/30Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements