Sec. 6. If a trust has at least two (2) beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
Ind. Code § 30-4-3.5-6
Impartial management
Known as the Indiana Uniform Prudent Investor Act
The act spans §§ 30-4-3.5-1 to 30-4-3.5-9 (13 sections).
As added by P.L.137-1999, SEC.3.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.