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Indiana Code

Chapter 3

IC 30-4-3

Rules Governing the Rights, Powers, Duties, Liabilities, and Remedies of the Parties to a Trust

1Repealed 1.3Revocable trusts; powers of settlor; duties of trustees 1.5Revocation or amendment of trust by settlor 2Power to restrain transfer of a beneficiary's interest 3Powers of trustees 3.2Perpetual care fund trusts; trustee withdrawals 4Exercise of powers by multiple, successor, or surviving trustees 5Conflict of interest in exercise of powers 6Duties of trustee 6.5Liability of trustee for lack of knowledge of event affecting administration or distribution of trust 7Self-dealing; transactions between trusts 7.5Transactions authorized 8Duties of co-trustees 9Duty of trustee under control of third persons 10Liability to third persons 11Potential liability of trustee to beneficiary; remedies; removal of trustee 12Liability for breach of trust by co-trustee 13Liability of a successor trustee 14Contribution and indemnity 15Remedies of trustee against third persons 16Remedies among co-trustees 17Remedies of trustee against beneficiary 18Other remedies of the trustee 19Relief of trustee's liability for breach of trust 20Liability of beneficiary 21Remedies of beneficiary against third persons 22Remedies of the beneficiary against the trustee 23Remedy of a beneficiary against a co-beneficiary 24Repealed 24.4Modification or termination of trust by court 24.5Termination by trustee of trust with value less than $75,000 25Rescission and reformation 25.5Distribution of terminated trust; payment of federal and state taxes 26Power to direct a deviation from the terms of the trust 27Cy pres doctrine 28Repealed 29Removal, resignation, and appointment of trustees 29.3Power to appoint a successor trustee 29.5Corporate trustee that acquires trust due to change in control 30Effect of this article on the court's equity powers 31Judicial modification of trusts for benevolent public purpose and certain transfers not in trust; federal compliance 32Trustee's liability for breach of trust 33Trustee vacancies; priority for filling vacancy 34Petition to determine heirs and interests in trust estate 35Matrimonial trusts; election; effect of the death of a spouse or the dissolution of the marriage; revocation 36Repealed 37Unclaimed trust shares; disposition procedures 38Grantor trust; reimbursement to deemed owner