Indiana § 30-4-9-7 - Rules relating to payback provisions; charitable interest
Full text of Indiana Indiana Code § 30-4-9-7 — Rules relating to payback provisions; charitable interest, with citation guidance and answers to common questions.
§ 30-4-9-7. Rules relating to payback provisions; charitable interest
Sec. 7. A trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under section 6(b)(1) of this chapter regarding:
(1) a payback provision in the terms of a trust necessary to comply with the reimbursement requirements under 42 U.S.C. 1396p(d)(4)(A); or
(2) a charitable interest in the trust, including notice regarding the interest to the attorney general under IC 30-4-6-6.
As added by P.L.221-2019, SEC.10.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 30-4-9-7
What does Indiana Code § 30-4-9-7 cover?
Section 30-4-9-7 ("Rules relating to payback provisions; charitable interest") 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 § 30-4-9-7?
A common citation format is "Indiana Code § 30-4-9-7" (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 § 30-4-9-7 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.