Indiana § 28-14-3-16 Power to act in fiduciary capacity; acting as commissioner for sale of
real estate without bond or security; administration of oaths

Indiana Statutes

§ 28-14-3-16 — Power to act in fiduciary capacity; acting as commissioner for sale of real estate without bond or security; administration of oaths

Indiana § 28-14-3-16

Art. 14CORPORATE FIDUCIARIES

Ch. 3Powers and Duties

This text of Indiana § 28-14-3-16 (Power to act in fiduciary capacity; acting as commissioner for sale of real estate without bond or security; administration of oaths) 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 § 28-14-3-16 (2026).

Text

(a)Except as otherwise provided in this chapter, a corporate fiduciary has the power:

(1)to act:

(A)in every fiduciary capacity permitted by this article; and

(B)as commissioner for the sale of real estate, without bond or other security; and

(2)to administer oaths attested by the signature of its secretary or cashier and its seal whenever it is acting in a fiduciary capacity and whenever an individual acting in the same capacity is authorized by law to administer oaths.

(b)The court having jurisdiction of a corporate fiduciary may at any time, before or after the corporate fiduciary accepts a fiduciary appointment require the corporate fiduciary to give a bond or other security. If the corporate fiduciary fails to give a bond or security as required, the court may remove the corpora

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(a) Except as otherwise provided in this
chapter, a corporate fiduciary has the power:
(1) to act:
(A) in every fiduciary capacity permitted by this article; and
(B) as commissioner for the sale of real estate, without bond or
other security; and
(2) to administer oaths attested by the signature of its secretary or
cashier and its seal whenever it is acting in a fiduciary capacity
and whenever an individual acting in the same capacity is
authorized by law to administer oaths.
(b) The court having jurisdiction of a corporate fiduciary may at any
time, before or after the corporate fiduciary accepts a fiduciary
appointment require the corporate fiduciary to give a bond or other
security. If the corporate fiduciary fails to give a bond or security as
required, the court may remove the corporate fiduciary and revoke the
appointment.