Indiana § 30-4-10-40 - Exercise of decanting power; written record
Full text of Indiana Indiana Code § 30-4-10-40 — Exercise of decanting power; written record, with citation guidance and answers to common questions.
§ 30-4-10-40. Exercise of decanting power; written record
Sec. 40. An exercise of the decanting power must be made in a record signed by an authorized fiduciary. The signed record must:
(1) directly or indirectly reference the notice required by section 35 of this chapter;
(2) identify the first trust and the second trust;
(3) identify and state the property of the first trust being distributed to each second trust; and
(4) identify the property that remains in the first trust.
As added by P.L.161-2022, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 30-4-10-40
What does Indiana Code § 30-4-10-40 cover?
Section 30-4-10-40 ("Exercise of decanting power; written record") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 30-4-10-40?
A common citation format is "Indiana Code § 30-4-10-40" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 30-4-10-40 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.