Indiana Statutes

§ 30-1-8-1 — Definitions

Indiana·Art. 1 SALES OF SECURITIES AND INVESTMENTS BY·Ch. 8 Common Trust Funds

The words and phrases used in this chapter shall be construed as follows:

(a)"Fiduciary" shall mean a bank or trust company undertaking to act alone or jointly with others primarily for the benefit of another in all matters connected with its undertaking and includes trustee, executor, administrator, personal representative, registrar of stocks and bonds, guardian of estates, assignee, receiver, managing agent and any other similar capacity.
(b)"Regulations" shall mean the regulations promulgated by the board of governors of the federal reserve system and the comptroller of currency in conformity with the federal Internal Revenue Code, as such regulations now exist or as they may be amended.
(c)"Participating interest" shall mean a proportionate undivided interest in all assets of the c

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

Indiana § 30-1-8-1 (Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗