Ind. Code § 30-4-3-21

Current through P.L. 171-2024
Section 30-4-3-21 - Remedies of beneficiary against third persons

(Remedies of the Beneficiary against Third Persons)

If the trustee has a claim against a third person for which he may maintain a civil action under 30-4-3-15 but he is unable, unwilling or neglects to commence the action within a reasonable time not to exceed thirty (30) days after written demand, any beneficiary may commence the action in his own right for the benefit of all the beneficiaries.

IC 30-4-3-21

Formerly: Acts1971 , P.L. 416, SEC.4; Acts1972 , P.L. 11, SEC.13.