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Current as of January 01, 2026 | Updated by Findlaw Staff
Sec. 2. If the board of commissioners determines:
(1) that the amount of money or property given, devised, or bequeathed is or will be inadequate to carry out the trust without an additional appropriation from the county; and
(2) that the county will not be substantially benefited by the administration of the trust;
then the board shall relinquish the trust. The title to any money and property so given, devised, or bequeathed then vests in the legal heirs of the donor or testator according to the provisions of IC 29 concerning intestate succession.
Cite this article: FindLaw.com - Indiana Code Title 30. Trusts and Fiduciaries § 30-3-4-2 - last updated January 01, 2026 | https://codes.findlaw.com/in/title-30-trusts-and-fiduciaries/in-code-sect-30-3-4-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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