Indiana Code 30-4-9-16. Applicable rules
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Sec. 16. Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:
(2) Giving of bond to secure performance (IC 30-4-6-8).
(1) Acceptance (IC 30-4-2-2).
Terms Used In Indiana Code 30-4-9-16
- Terms of a trust: means :
Indiana Code 30-4-9-2
- Trust director: means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee. See Indiana Code 30-4-9-2
(3) Reasonable compensation (IC 30-4-5-16).
(4) Resignation and removal (IC 30-4-3-29).
(5) Vacancy and appointment of successor (IC 30-4-3-33).
As added by P.L.221-2019, SEC.10.