Ind. Code § 30-4-9-6

Current through P.L. 171-2024
Section 30-4-9-6 - Powers of direction
(a) Subject to section 7 of this chapter, the terms of the trust may grant a power of direction to a trust director.
(b) Unless the terms of a trust provide otherwise:
(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) trust directors with joint powers must act by majority decision.

IC 30-4-9-6

Added by P.L. 221-2019,SEC. 10, eff. 7/1/2019.