Terms Used In Indiana Code 16-46-6-7

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
   Sec. 7. Appointments to fill a vacancy are for the remainder of an unexpired term and are made by the authority who made the original appointment.

[Pre-1993 Recodification Citation: 16-1-44-3(f).]

As added by P.L.2-1993, SEC.29.