Indiana Statutes
§ 28-14-5-7 — Prohibition on purchases of stock of nonsubsidiaries
Except as otherwise authorized by this title, a
corporate fiduciary may not purchase any share of stock of a
corporation that is not a subsidiary of the corporate fiduciary.
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Indiana § 28-14-5-7 (Prohibition on purchases of stock of nonsubsidiaries) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.262-1995, SEC.90.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows