§ 28-1-11-2 — Fiscal or transfer agent; transportation agent; insurance producer or broker; attorney in fact

Indiana § 28-1-11-2

• Jurisdiction: Indiana
• Art. 1: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 11: Powers of Banks and Trust Companies

Text

Any bank or trust company shall have power
to act as fiscal or transfer agent of the United States or of any state,
municipality, body politic or corporation; and in such capacity to
receive and disburse money; to transfer, register and countersign
certificates of stock, bonds or other evidence of indebtedness; to
authenticate and certify any such bonds and certificates of
indebtedness; to act as agent to buy and sell domestic and foreign
transportation; to solicit and write insurance as an insurance producer
or broker for any insurance company authorized to do business in the
state or states where the insurance producer or broker operates; and to
act as attorney in fact or agent of any person or corporation, foreign or
domestic, for any lawful purpose.
Formerly: Acts 1933, c.40, s.171. As amended by P.L.188-1997,
SEC.3; P.L.63-2001, SEC.6 and P.L.134-2001, SEC.7; P.L.178-2003,
SEC.89.