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

(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.

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) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.