Sec. 15. No disposition by virtue of a power, shall be void on the ground that it is more extensive than was authorized by the power. But every estate or trust so created, so far as embraced by the terms of the power, shall be valid.
Formerly: Acts 1852, 1RS, c.113, s.15.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
Article 1. Sales of Securities and Investments by Fiduciaries
Chapter 9. Resulting Trusts and Powers
30-1-9-8. Resulting Trust; Absolute Conveyance Without Consent
30-1-9-14. Reserving Absolute Power of Revocation
30-1-9-15. Disposition More Extensive Than Power