Ind. Code » Title 30
Indiana Code

Ind. Code § 30-4-3.5-5 (2026)

Trust managed in interest of beneficiaries

✓ current as of May 2026
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     Sec. 5. A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.

As added by P.L.137-1999, SEC.3.

 

Notes of Decisions
Cited in 1 case, 2011–2011 · leading case: Eiteljorg v. Eiteljorg, 951 N.E.2d 565 (Ind. Ct. App. 2011).
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Eiteljorg v. Eiteljorg, 951 N.E.2d 565 (Ind. Ct. App. 2011). · cites it 4× “10) to invest and manage the trust assets solely in the interest of the beneficiaries, Ind.Code § 30-4-3.5-5. 11) to act impartially in investing and managing trust assets, Ind.”
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