§ 28-14-3-10 — Acting as fiscal or transfer agent

Indiana § 28-14-3-10

• Jurisdiction: Indiana
• Art. 14: CORPORATE FIDUCIARIES
• Ch. 3: Powers and Duties

Text

A corporate fiduciary has the power to act
as fiscal or transfer agent of the United States or any state,
municipality, body politic, or corporation, and may, in that capacity:
(1) receive and disburse money;
(2) transfer, register, and countersign certificates of stocks, bonds,
and other evidence of indebtedness;
(3) authenticate and certify bonds and certificates of indebtedness
referred to in subdivision (2);
(4) act as agent to buy and sell domestic and foreign
transportation;
(5) solicit and write insurance as insurance producer or broker for
any insurance company authorized to do business in Indiana; and
(6) act as attorney in fact or agent of any person or corporation,
foreign or domestic, for any lawful purpose.

Legislative History

As added by P.L.262-1995, SEC.90. Amended by P.L.215-1999, SEC.13; P.L.178-2003, SEC.94.