S.E.A. 36, P.L. 10 Effective: July 1, 2024 Creates a civil penalty for a person who knowingly or intentionally disturbs or removes a boundary marker and permits a court to order a person who disturbs or removes a boundary marker to pay for the cost of reestablishing the boundary marker. Read the bill at: https://iga.in.gov/legislative/2024/bills/senate/36 … [Read more...] about Interference with a boundary marker
property
Rule against perpetuities
H.E.A. 1209, P.L. 61 Effective: July 1, 2024 Adds provisions regarding a second power of appointment. Extends the period of time for which certain nonvested property interests are valid from 90 years to 360 years after the interest is created. Extends the period of time for which certain powers of appointment are valid under specified conditions from 90 years to 360 … [Read more...] about Rule against perpetuities
Rule against perpetuities
The Senate Judiciary Committee heard HB 1209 on rule against perpetuities authored by Rep. Heine and sponsored by Sen. L. Brown and Sen. Johnson. The bill adds provisions regarding a second power of appointment, extends the period of time for which certain nonvested property interests are valid from 90 years to 360 years after the interest is created, and extends the period of time … [Read more...] about Rule against perpetuities
Interference with boundary marker
The House Courts and Criminal Code Committee heard SB 36 concerning interference with boundary marker sponsored by Rep. King. The author, Sen. Doriot, explained that the bill creates a civil penalty for a person who knowingly or intentionally disturbs or removes a boundary marker, and permits a court to order a person who disturbs or removes a boundary marker to pay for the … [Read more...] about Interference with boundary marker
Rule against perpetuities
The House Judiciary Committee heard HB 1209 on rule against perpetuities authored by Rep. Heine. The bill adds provisions regarding a second power of appointment and extends the period of time for which certain nonvested property interests are valid from 90 years to 360 years after the interest is created. The bill further extends the period of time for which certain powers of … [Read more...] about Rule against perpetuities