Ind. Code § 30-4-3-8

Current through P.L. 171-2024

Section 30-4-3-8 - Duties of co-trustees

Unless the terms of the trust provide otherwise, if there are two (2) or more trustees, each has a duty to:

(a) participate in the administration of the trust;

(b) take whatever action is reasonable to prevent a co-trustee from committing a breach of trust; and

(c) take whatever action is reasonable to compel a co-trustee to redress a breach of trust.

IC 30-4-3-8

Formerly: Acts1971 , P.L. 416, SEC.4.