Sec. 9. An instrument creating an inter vivos trust in order to be
valid need not be executed as a testamentary instrument pursuant to
section 3 or 3.1 of this chapter, even though such trust instrument
reserves to the maker or settlor the power to revoke, or the power to
alter or amend, or the power to control investments, or the power to
consume the principal, or because it reserves to the maker or settlor
any one or more of said powers.
(Formerly: Acts 1953, c.112, s.509.) As amended by Acts 1982,
P.L.171, SEC.17; P.L.4-2003, SEC.5.

Last modified: May 27, 2006