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