Indiana Statutes

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

Indiana·Art. 14 CORPORATE FIDUCIARIES·Ch. 3 Powers and Duties

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.

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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.

Nearby Sections

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