Sec. 3. (Application and Interpretation of the Rules of Law and the Terms of the Trust)
The rules of law contained in this article shall be interpreted and applied to the terms of the trust so as to implement the intent of the settlor and the purposes of the trust. If the rules of law and the terms of the trust conflict, the terms of the trust shall control unless the rules of law clearly prohibit or restrict the article which the terms of the trust purport to authorize.
Formerly: Acts 1971, P.L.416, SEC.2.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
30-4-1-1.5. Ic 30-2-4 and Ic 30-2-5 Not Repealed
30-4-1-3. Application and Interpretation of Rules of Law and Terms of Trust
30-4-1-5. Construction of Pronouns
30-4-1-6. Construction of Singular Number
30-4-1-7. Trust Code Study Commission Report
30-4-1-8. Effect of Requirement of Exercising Power of Appointment by Reference
30-4-1-9. Specific Indication of Power of Appointment Required
30-4-1-10. Distribution Under Laws of Intestate Succession When Manner Not Specified