Indiana Code - Trusts and Fiduciaries - Title 30, Section 30-2-14-8

"Net income" defined

Sec. 8. As used in this chapter, "net income" means the total
receipts allocated to income during an accounting period minus the
disbursements made from income during the period, plus or minus
transfers under this chapter to or from income during the period.
As added by P.L.84-2002, SEC.2.

Last modified: May 27, 2006