Ind. Code § 30-4-8-12

Current through P.L. 171-2024
Section 30-4-8-12 - Transferor's service as an investment advisor

A transferor who makes a qualified disposition may also serve as an investment adviser to the trust. However, the transferor may not serve as a trust director to a legacy trust except with respect to the retention of a veto right permitted by section 13(a)(1) of this chapter.

IC 30-4-8-12

Added by P.L. 221-2019,SEC. 9, eff. 7/1/2019.