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Indiana Code Title 30. Trusts and Fiduciaries § 30-2-8.6-1

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 1. (a) This chapter applies to a transfer or declaration creating a custodial trust that refers to this chapter if, at the time of the transfer or declaration:

(1) the transferor, beneficiary, or custodial trustee:

(A) is a resident of;  or

(B) has its principal place of business in Indiana;  or

(2) custodial trust property is located in Indiana.

(b) The custodial trust remains subject to this chapter even if the transferor, beneficiary, or custodial trustee:

(1) changes its residence or principal place of business;  or

(2) removes custodial trust property;

to a location outside Indiana.

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Cite this article: FindLaw.com - Indiana Code Title 30. Trusts and Fiduciaries § 30-2-8.6-1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-30-trusts-and-fiduciaries/in-code-sect-30-2-8-6-1/

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