Sec. 10. As used in this chapter, "principal" means property that is held in trust for distribution to a remainder beneficiary when the trust terminates or that will remain perpetually vested in the trustee. As added by P.L.84-2002, SEC.2.
"Principal" defined
Ind. Code § 30-2-14-10, under Uniform Principal and Income Act.
Ind. Code § 30-2-14-10