Indiana Code
Ind. Code § 30-4-3-21 (2026)
Remedies of beneficiary against third persons
✓ current as of May 2026
Sec. 21. (Remedies of the Beneficiary against Third Persons)
If the trustee has a claim against a third person for which he may maintain a civil action under 30-4-3-15 but he is unable, unwilling or neglects to commence the action within a reasonable time not to exceed thirty (30) days after written demand, any beneficiary may commence the action in his own right for the benefit of all the beneficiaries.
Formerly: Acts 1971, P.L.416, SEC.4; Acts 1972, P.L.11, SEC.13.
Notes of Decisions
Cited in 1
case, 2011–2011 · leading case: Goins v. Riddle, 946 N.E.2d 61 (Ind. Ct. App. 2011).
Goins v. Riddle, 946 N.E.2d 61 (Ind. Ct. App. 2011). “I.C. § 30-4-3-21(a). A trustee who commits a breach of trust is liable to the beneficiary for reasonable attorney fees incurred by the beneficiary in bringing an action on the breach.”
Ind. Code § 30-4-3-21(a): 1 case
Goins v. Riddle, 946 N.E.2d 61 (Ind. Ct. App. 2011). “I.C. § 30-4-3-21(a). A trustee who commits a breach of trust is liable to the beneficiary for reasonable attorney fees incurred by the beneficiary in bringing an action on the breach.”
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