23-14-50-3. Trustee's relief from duties

IN Code § 23-14-50-3 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 3. If:

(1) any gift, grant, bequest, donation, or other property held by the owner of a cemetery for cemetery purposes is held by the cemetery owner as a trust of any kind; or

(2) the owner of a cemetery is a beneficiary of any trust estate for cemetery purposes;

the trustee of the trust is relieved of the duties otherwise imposed upon the trustee by IC 30-4-5-12 through IC 30-4-5-15.

As added by P.L.52-1997, SEC.24.