Sec. 9. If the court finds:
(1) the contest or controversy is in good faith; and
(2) the effect of the agreement on the interests of all the parties is just and reasonable;
the court shall enter an order approving the agreement submitted under section 7 of this chapter and directing the trustee and the parties to the agreement to carry out the terms of the agreement.
As added by P.L.200-1991, SEC.6.
Structure Indiana Code
Title 30. Trusts and Fiduciaries
Chapter 7. Adjudicated Compromise of Controversies
30-4-7-1. Application of Chapter
30-4-7-2. Binding Effect of Compromise
30-4-7-3. Rights of Creditors or Taxing Authorities
30-4-7-4. Appointment of Guardian or Guardian Ad Litem
30-4-7-5. Law Governing Appointment of Guardian or Guardian Ad Litem
30-4-7-6. Agreement of Compromise