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Indiana Code
Title 30
2
Chapter 15
IC 30-2-15
Total Return Unitrusts
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1
"Current valuation year"
2
"Income trust"
3
"Net fair market value"
4
"Total return unitrust"
5
"Trustee"
6
"Unitrust amount"
7
"Unitrust rate"
8
"Year"
9
Trustee's power to convert trust, reconvert trust, and change unitrust rate
10
Acting without court approval
11
Petition by trustee
12
Petition by trust beneficiary
13
When court shall approve conversion, reconversion, or change in rate
14
Reconversion's release of power to adjust void
15
Conversion to unitrust; unitrust rate
15.2
Unitrust rate for a cemetery perpetual care fund
16
Unitrust amount; initial two years of trust
17
Unitrust amount; successive years
18
Net fair market value of unitrust assets
19
Trustee powers
20
Prohibited reduction in unitrust amount
21
Adjusting net fair market values of assets
22
Prorating unitrust amount in short year
23
Unitrust amount's satisfying tax law requirement of preserving tax benefit
24
Construing the governing instrument
25
Paying the unitrust amount
26
Immunity of trustee