Distribution of money in possession of trustee
Sec. 14. If the court confirms the report made as provided under
section 11 of this chapter and if no contested claims are standing on
the docket as provided under section 12 of this chapter, the court
shall order the trustee to pay all money in the trustee's hands to the
clerk of the court. The clerk, after deducting the costs incident to the
execution of the trust, including an allowance to the trustee as the
court considers just, shall:
(1) distribute the money among the creditors according to this
chapter; and
(2) take receipts from each creditor.
As added by P.L.2-2002, SEC.3.
Last modified: May 24, 2006