Ind. Code § 30-3-4-2

Current through P.L. 171-2024

Section 30-3-4-2 - Determination by board of commissioners to relinquish trust

If the board of commissioners determines:

(1) that the amount of money or property given, devised, or bequeathed is or will be inadequate to carry out the trust without an additional appropriation from the county; and

(2) that the county will not be substantially benefited by the administration of the trust;

then the board shall relinquish the trust. The title to any money and property so given, devised, or bequeathed then vests in the legal heirs of the donor or testator according to the provisions of IC 29 concerning intestate succession.

IC 30-3-4-2

Pre-Local Government Recodification Citation: 17-2-19-1 part.

As added by Acts1980 , P.L. 8, SEC.143.