Indiana Code 30-4-1-9. Specific indication of power of appointment required
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Terms Used In Indiana Code 30-4-1-9
- Settlor: means a person who establishes a trust including the testator of a will under which a trust is created. See Indiana Code 30-4-1-2
Sec. 9. A trust shall not operate as to the exercise of a power of appointment, which the settlor may have with respect to any real or personal property, unless by its terms the trust specifically indicates that the settlor intended to exercise the power.
As added by P.L.252-2001, SEC.31.