Indiana Code 30-4-10-21. “Powerholder”
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Terms Used In Indiana Code 30-4-10-21
- Donor: The person who makes a gift.
- person: means :
Indiana Code 30-4-10-19
- power of appointment: means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. See Indiana Code 30-4-10-20
Sec. 21. As used in this chapter, “powerholder” means a person in which a donor creates a power of appointment.
As added by P.L.161-2022, SEC.3.