Determination by board of commissioners to relinquish trust
Sec. 2. If the board of commissioners determines:
(1) that the amount of money or property given, devised, or
bequeathed is or will be inadequate to carry out the trust
without an additional appropriation from the county; and
(2) that the county will not be substantially benefited by the
administration of the trust;
then the board shall relinquish the trust. The title to any money and
property so given, devised, or bequeathed then vests in the legal heirs
of the donor or testator according to the provisions of IC 29
concerning intestate succession.
As added by Acts 1980, P.L.8, SEC.143.
Last modified: May 27, 2006