Agreement of Compromise

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Sec. 6. The terms of a compromise executed under this chapter must be set forth in an agreement that is:

(1) in writing; and

(2) executed by all persons or the guardians or guardians ad litem appointed under section 4 of this chapter of all persons who:

(A) have an interest in the trust; or

(B) have a claim against the trust.

As added by P.L.200-1991, SEC.6.


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