Indiana Code 30-4-5-22. Private and charitable trust foundations; split-interest trusts; creation before January 1, 1970; application of IC 30-4-5-21
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Terms Used In Indiana Code 30-4-5-22
- Court: means a court having jurisdiction over trust matters. See Indiana Code 30-4-1-2
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Sec. 22. The provisions of 30-4-5-21 shall not apply to any such trust created before January 1, 1970, to the extent that a court of competent jurisdiction shall determine that application of such section to such trust would be contrary to the terms of any instrument which may not be changed to conform to such section and by which such trust is bound.
Formerly: Acts 1971, P.L.416, SEC.6.