Indiana § 28-6.1-6-20 Taking, accepting, and executing trusts

Indiana Statutes

§ 28-6.1-6-20 — Taking, accepting, and executing trusts

Indiana § 28-6.1-6-20

Art. 6.1SAVINGS BANKS

Ch. 6General Powers of a Savings Bank

This text of Indiana § 28-6.1-6-20 (Taking, accepting, and executing trusts) 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 § 28-6.1-6-20 (2026).

Text

A savings bank may do any of the following:

(1)Take, accept, and execute a legal trust, duties, and powers in regard to:

(A)the holding, management, sale, or disposition of property; and

(B)the rents and profits from that property; that are granted or confided to the savings bank by any authority.

(2)Take, accept, and execute a trust and any powers that may be conferred upon the savings bank by any authority.

(3)Generally execute legal trusts of every description.

Free access — add to your briefcase to read the full text and ask questions with AI

A savings bank may do any of the
following:
(1) Take, accept, and execute a legal trust, duties, and powers in
regard to:
(A) the holding, management, sale, or disposition of property;
and
(B) the rents and profits from that property;
that are granted or confided to the savings bank by any authority.
(2) Take, accept, and execute a trust and any powers that may be
conferred upon the savings bank by any authority.
(3) Generally execute legal trusts of every description.