Indiana Statutes

§ 30-1-8-4 — Participation; proportionate interest

Indiana § 30-1-8-4
JurisdictionIndiana
Art. 1SALES OF SECURITIES AND INVESTMENTS BY
Ch. 8Common Trust Funds

This text of Indiana § 30-1-8-4 (Participation; proportionate interest) 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 § 30-1-8-4 (2026).

Text

Each fiduciary investment placed in every such common trust fund shall participate on the basis of a proportionate interest in all of the assets and income of the fund, and may be evidenced in writing or otherwise at the option of the bank administering the fund, but not in any form which purports to be negotiable or assignable. Formerly: Acts 1949, c.70, s.4.

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Indiana § 30-1-8-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-1-8-4.