Indiana Statutes

§ 28-14-6-2 — Separate bookkeeping for fiduciary accounts; segregation of securities and property held for fiduciary accounts

Indiana § 28-14-6-2
JurisdictionIndiana
Art. 14CORPORATE FIDUCIARIES
Ch. 6Books and Records of Corporate Fiduciaries

This text of Indiana § 28-14-6-2 (Separate bookkeeping for fiduciary accounts; segregation of securities and property held for fiduciary accounts) 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 § 28-14-6-2 (2026).

Text

A corporate fiduciary exercising trust powers or any powers as a fiduciary shall:

(1)keep, separate and apart from its other business, separate books and accounts for its fiduciary accounts; and
(2)keep all securities and property that is held for its fiduciary accounts (other than money) at all times segregated from and unmingled with its own securities and property.

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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 § 28-14-6-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-14-6-2.