Sec. 2. (Continuing Jurisdiction)
The court will have continuing jurisdiction to supervise the administration of the trust only if the settlor expressly directs in the terms of the trust that the court is to have that jurisdiction.
Continuing jurisdiction
Applied in 2 court decisions — leading case In Re Marvine W. Alford Trust (2008)
Most recently applied in In Re Marvine W. Alford Trust (December 2008)
Formerly: Acts 1971, P.L.416, SEC.7.
Sec. 2. (Continuing Jurisdiction)
The court will have continuing jurisdiction to supervise the administration of the trust only if the settlor expressly directs in the terms of the trust that the court is to have that jurisdiction.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.