Indiana § 28-1-11-6 Appointment as fiduciary

Indiana Statutes

§ 28-1-11-6 — Appointment as fiduciary

Indiana § 28-1-11-6

Art. 1DEPARTMENT OF FINANCIAL INSTITUTIONS

Ch. 11Powers of Banks and Trust Companies

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Bluebook

Ind. Code § 28-1-11-6 (2026).

Text

Any bank or trust company may be appointed
and act under the order of appointment of any court of competent
jurisdiction as commissioner for the sale of real estate, guardian of the
person and estate of persons under the age of eighteen (18) years, and
incapacitated persons (as defined in IC 29-3-1-7.5), or as trustee,
receiver, conservator, or committee of the property or estate of a
person, corporation, or company, in insolvency or bankruptcy
proceedings, or as depository of money paid into court, whether for the
benefit of a person, regardless of age, corporation, or party, and in any
other fiduciary capacity.
Formerly: Acts 1933, c.40, s.175; Acts 1973, P.L.280, SEC.3.
As amended by P.L.33-1989, SEC.27.

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Any bank or trust company may be appointed
and act under the order of appointment of any court of competent
jurisdiction as commissioner for the sale of real estate, guardian of the
person and estate of persons under the age of eighteen (18) years, and
incapacitated persons (as defined in IC 29-3-1-7.5), or as trustee,
receiver, conservator, or committee of the property or estate of a
person, corporation, or company, in insolvency or bankruptcy
proceedings, or as depository of money paid into court, whether for the
benefit of a person, regardless of age, corporation, or party, and in any
other fiduciary capacity.
Formerly: Acts 1933, c.40, s.175; Acts 1973, P.L.280, SEC.3.
As amended by P.L.33-1989, SEC.27.