Indiana Statutes

§ 28-14-3-6 — United States government securities

Indiana § 28-14-3-6
JurisdictionIndiana
Art. 14CORPORATE FIDUCIARIES
Ch. 3Powers and Duties

This text of Indiana § 28-14-3-6 (United States government securities) 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 § 28-14-3-6 (2026).

Text

(a)Notwithstanding any other law, a corporate fiduciary holding United States government securities in a fiduciary capacity may use the Federal Reserve Book-Entry procedure for United States government securities. The records of the corporate fiduciary must at all times show the name of the party for whose account the United States government securities are deposited.
(b)Title to the United States government securities registered by Federal Reserve Book-Entry under subsection (a) may be transferred by bookkeeping entry on the books of the Federal Reserve without physical delivery of certificates representing the securities.

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Legislative History

As added by P.L.262-1995, SEC.90.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-14-3-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-14-3-6.