Application of this article with respect to pre-existing trusts
Sec. 4. (Application of the Article with Respect to Pre-Existing
Trusts)
Except as provided elsewhere in this article, the rules of law
contained in this article shall apply to all trusts created prior to
September 2, 1971 unless to do so would:
(1) adversely affect a right given to any beneficiary;
(2) give a right to any beneficiary which he was not intended to
have when the trust was created;
(3) impose a duty or liability on any person which was not
intended to be imposed when the trust was created; or
(4) relieve any person from any duty or liability imposed by the
terms of the trust or under prior law.
(Formerly: Acts 1971, P.L.416, SEC.2.) As amended by Acts 1982,
P.L.171, SEC.117.
Last modified: May 27, 2006