Trustee; notice of appointment; inventory of property
Sec. 6. (a) Immediately after complying with the requirements set
forth in this chapter, the trustee shall give notice of the trustee's
appointment by publication, three (3) weeks successively, in a
newspaper printed and published in the county. If a newspaper is not
printed and published in the county, the trustee shall:
(1) place written notice in at least five (5) of the most public
places in the county; and
(2) publish notice in a newspaper printed and published in the
nearest county, for the time and in the manner mentioned in
reference to publication in the county where the assignor
resides.
(b) The trustee shall, within thirty (30) days after beginning the
duties of the trust, make and file, under oath, a full and complete
inventory of all the property, real and personal, the rights, credits,
interests, profits, and collaterals that the trustee obtains, or of which
the trustee may have obtained knowledge as belonging to the
assignor. If:
(1) any property not mentioned in an inventory comes into the
trustee's hands; or
(2) the trustee obtains satisfactory information of the existence
of property not mentioned in an inventory;
the trustee shall file an additional inventory of the property as
described in this section.
As added by P.L.2-2002, SEC.3.
Last modified: May 24, 2006