Ind. Code § 30-4-9-6

Powers of direction

As added by P.L.221-2019, SEC.10.
  1. (a) Subject to section 7 of this chapter, the terms of the trust may grant a power of direction to a trust director.
  2. (b) Unless the terms of a trust provide otherwise:

    1. (1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a); and
    2. (2) trust directors with joint powers must act by majority decision.

As added by P.L.221-2019, SEC.10.

Log InSign Up