Indiana Code 32-17.5-8-4. Power not held in fiduciary capacity
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Terms Used In Indiana Code 32-17.5-8-4
- Fiduciary: A trustee, executor, or administrator.
Sec. 4. A disclaimer, in whole or part, of the future exercise of a power not held in a fiduciary capacity is not barred by the previous exercise of the power unless the power is exercisable in favor of the disclaimant.
As added by P.L.5-2003, SEC.1.