US Lawyer Database

30-4-5-16. Right to Compensation

Sec. 16. (a) Unless the terms of the trust provide otherwise, and except as provided in section 17 of this chapter, the trustee is entitled to reasonable compensation from the trust estate for acting as trustee. (b) If the terms of the trust specify the trustee’s compensation, the trustee is entitled to be compensated as […]

30-4-5-17. Compensation if Trustee Breaches Trust

Sec. 17. (Compensation if Trustee Breaches Trust) (a) In a proceeding in which the trustee is found to be in breach of trust, the court may in its discretion either deny him all compensation, allow him a reduced compensation, or allow him full compensation. (b) In the exercise of its discretion under subsection (a) of […]

30-4-5-18. Private Foundations

Sec. 18. Subject to section 20 of this chapter, every corporation which is organized under the laws of this state and which is a private foundation as defined in Section 509(a) of the Internal Revenue Code shall, unless otherwise provided in the articles of incorporation of such corporation: (a) distribute each taxable year amounts sufficient […]

30-4-5-4. Repealed

Formerly: Acts 1971, P.L.416, SEC.6. As amended by Acts 1982, P.L.171, SEC.119. Repealed by P.L.84-2002, SEC.11.

30-4-5-5. Repealed

Formerly: Acts 1971, P.L.416, SEC.6. As amended by P.L.138-1994, SEC.3; P.L.198-1996, SEC.2. Repealed by P.L.84-2002, SEC.11.

30-4-5-8. Repealed

Formerly: Acts 1971, P.L.416, SEC.6. As amended by Acts 1982, P.L.171, SEC.120. Repealed by P.L.84-2002, SEC.11.