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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 14. If the court confirms the report made as provided under section 11 of this chapter and if no contested claims are standing on the docket as provided under section 12 of this chapter, the court shall order the trustee to pay all money in the trustee's hands to the clerk of the court. The clerk, after deducting the costs incident to the execution of the trust, including an allowance to the trustee as the court considers just, shall:
(1) distribute the money among the creditors according to this chapter; and
(2) take receipts from each creditor.
Cite this article: FindLaw.com - Indiana Code Title 32. Property § 32-18-1-14 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-32-property/in-code-sect-32-18-1-14/
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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