Sec. 1. As used in this chapter, "accounting period" means a calendar year unless another twelve (12) month period is selected by a fiduciary. The term includes a portion of a calendar year or other twelve (12) month period that begins when an income interest begins or ends when an income interest ends.
Ind. Code § 30-2-14-1
"Accounting period" defined
Applied in 1 court decision — leading case Goodwine v. Goodwine (2004)
Most recently applied in Goodwine v. Goodwine (November 2004)
As added by P.L.84-2002, SEC.2.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.