Indiana Statutes
§ 28-15-4-4 — Eligible investments for trust funds
(a)Deposit accounts are eligible investments
for trust funds administered by a savings association.
(b)As a fiduciary, a savings association must comply with the
provisions of IC 30-4-3-7.
(c)A fiduciary has all rights and privileges of a member of a mutual
savings association except the right to hold office or serve on the board
of the savings association.
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Legislative History
As added by P.L.193-1997, SEC.2.
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