Indiana Code 30-4-10-26. “Second trust”
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Sec. 26. As used in this chapter, “second trust” means:
(2) a trust to which a distribution of property from a first trust is or may be made under this chapter.
(1) a first trust after modification under this chapter; or
Terms Used In Indiana Code 30-4-10-26
- first trust: means a trust over which an authorized fiduciary may exercise the decanting power. See Indiana Code 30-4-10-15
- Property: includes personal and real property. See Indiana Code 1-1-4-5
As added by P.L.161-2022, SEC.3.