§ 13

Ind. Code § 30-4-3-13

Liability of a successor trustee

(Liability of a Successor Trustee)

A successor trustee becomes liable for a breach of trust of his predecessor if he:

  1. (a) fails to take whatever action is necessary to compel the predecessor trustee to deliver the trust property; or

  2. (b) fails to make a reasonable effort to compel a redress of a breach of trust committed by the predecessor trustee.

    Formerly: Acts 1971, P.L.416, SEC.4.

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