Indiana Code - Trusts and Fiduciaries - Title 30, Section 30-4-2-9

Necessity of powers or duties

Sec. 9. (Necessity of Powers or Duties)

Subject to 30-4-2-13, if the trustee has neither a power nor a duty
related to the administration of the trust, the title to the trust property
will be treated as having vested directly in the beneficiary on the date
of delivery to the trustee.
(Formerly: Acts 1971, P.L.416, SEC.3.)

Last modified: May 27, 2006