Sec. 7.5. A transaction otherwise prohibited by section 7 of this chapter is authorized if: (1) the proposed prohibited transaction is authorized by the written consent of all qualified beneficiaries; or
(2) the proposed prohibited transaction is approved by an order of the court issued after: (A) notice to all qualified beneficiaries; and (B) a hearing to ensure that adequate consideration is received by or delivered from the trust for the interest transferred. As added by P.L.194-2017, SEC.10.