(Application of Statute of Uses)

1. (a) The beneficiary has the power to manage the trust property, including the power to direct the trustee to sell the property; and

2. (b) The trustee may sell the trust property only on direction by the beneficiary or other person or may sell it after a period of time stipulated in the terms of the trust in the absence of a direction:

   then 30-4-2-9 shall not apply to defeat the trustee's title.

   Formerly: Acts 1971, P.L.416, SEC.3. As amended by Acts 1979, P.L.268, SEC.8.

If the trust property includes real property, and, under the terms of the trust,