Current through P.L. 171-2024
Section 30-4-10-5 - "Beneficiary" As used in this chapter, "beneficiary" means a person that:
(1) has a present or future, vested or contingent, beneficial interest in a trust;(2) holds a power of appointment over trust property; or(3) is an identified charitable organization that may receive distributions under the terms of the trust.Added by P.L. 161-2022,SEC. 3, eff. 7/1/2022.