Private and charitable trust foundations; split-interest trusts;
creation before January 1, 1970; application of IC 30-4-5-21
Sec. 22. The provisions of 30-4-5-21 shall not apply to any such
trust created before January 1, 1970, to the extent that a court of
competent jurisdiction shall determine that application of such
section to such trust would be contrary to the terms of any instrument
which may not be changed to conform to such section and by which
such trust is bound.
(Formerly: Acts 1971, P.L.416, SEC.6.)
Last modified: May 27, 2006