Sec. 6. If a trust has at least two (2) beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
As added by P.L.137-1999, SEC.3.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
Chapter 3.5. Indiana Uniform Prudent Investor Act
30-4-3.5-1. Compliance With Prudent Investor Rule
30-4-3.5-2. Prudent Investor Rule
30-4-3.5-3. Diversification of Investments
30-4-3.5-4. Review of Trust Assets
30-4-3.5-5. Trust Managed in Interest of Beneficiaries
30-4-3.5-6. Impartial Management
30-4-3.5-8. Determination of Compliance With Prudent Investor Rule
30-4-3.5-9. Delegation of Functions by Trustee
30-4-3.5-10. Authorization of Investments or Strategies
30-4-3.5-11. Applicability of Chapter