Sec. 2. (a) Except as provided in subsections (b) and (c), electronic trust instruments are exclusively governed by this chapter.
(b) This chapter does not apply to an entity, arrangement, or relationship that:
(1) is or may be described as a trust; and
(2) is excluded from IC 30-4 under IC 30-4-1-1(c).
(c) The execution, amendment, and revocation of an electronic testamentary trust shall be governed by IC 29-1-21 during the lifetime of a testator or settlor who creates, has created, or intends to create an electronic testamentary trust.
(d) If this chapter does not provide an explicit definition, form, rule, or statute concerning an issue pertaining to electronic trust instruments, applicable statutes from this article that apply to traditional paper trust instruments control.
As added by P.L.40-2018, SEC.3.
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