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Home » US Law » 2022 Indiana Code » Title 30. Trusts and Fiduciaries » Article 4. Trust Code » Chapter 10. Uniform Trust Decanting Act » 30-4-10-34. Liability for an Action or Failure to Act by a Trustee or Person

Sec. 34. A trustee or person that reasonably relies on:

(1) the validity of a distribution of the property of a trust to another trust; or

(2) a modification of a trust under this chapter, law of this state other than this article, or the law of another jurisdiction;

is not liable to any person for any action or failure to act as a result of the reliance.

As added by P.L.161-2022, SEC.3.