Indiana Statutes

§ 28-12-11-1.5 — Minimum capital

Indiana § 28-12-11-1.5
JurisdictionIndiana
Art. 12FORMATION OF BANKS, TRUST COMPANIES,
Ch. 11Capital Requirements for Corporations

This text of Indiana § 28-12-11-1.5 (Minimum capital) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 28-12-11-1.5 (2026).

Text

5.

(a)A corporate fiduciary must have at least the minimum capital necessary for the safe and sound operation of the corporate fiduciary.
(b)For the purposes of this section, the department shall determine the minimum capital that is necessary for the safe and sound operation of a corporate fiduciary.

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Legislative History

As added by P.L.262-1995, SEC.83.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-12-11-1.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-12-11-1.5.