Private and Charitable Trust Foundations; Split-Interest Trusts; Effective Date of Ic 30-4-5-21

1. Law
2. Indiana Code
3. Trusts and Fiduciaries
4. Trust Code
5. Rules Governing the Administration of a Trust
6. Private and Charitable Trust Foundations; Split-Interest Trusts; Effective Date of Ic 30-4-5-21

Sec. 23. The provisions of 30-4-5-21 shall be effective as to trusts to which such section applies in accordance with the following subsections (a) and (b):

(a) With respect to each such trust first existing on or after January 1, 1970, the provisions of 30-4-5-21 shall be effective from and after the date such trust comes into existence.

(b) With respect to each such trust existing before January 1, 1970, the provisions of 30-4-5-21 shall be effective during taxable years commencing after December 31, 1971.

Formerly: Acts 1971, P.L.416, SEC.6.

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