Indiana § 30-4-3-21 - Remedies of beneficiary against third persons

Full text of Indiana Indiana Code § 30-4-3-21 — Remedies of beneficiary against third persons, with citation guidance and answers to common questions.

§ 30-4-3-21. Remedies of beneficiary against third persons

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.

Source: official Indiana text · Last verified 2026-08-27

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Frequently Asked Questions About Indiana § 30-4-3-21

What does Indiana Code § 30-4-3-21 cover?

Section 30-4-3-21 ("Remedies of beneficiary against third persons") 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 § 30-4-3-21?

A common citation format is "Indiana Code § 30-4-3-21" (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 § 30-4-3-21 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.