Indiana Statutes
§ 30-1-8-7 — Common trust funds for funds held by other bank, trust company, or affiliate as fiduciary
Any:
(1)Indiana bank or trust company; or
(2)national bank qualified to act as fiduciary and whose principal
place of business is in Indiana;
may establish and maintain one (1) or more common trust funds in
accordance with section 2 of this chapter for the funds held by the bank
or trust company or any other bank or trust company, including an
affiliate, in its capacity as administrator, executor, guardian, or trustee
under will or trust agreement.
Formerly: Acts 1973, P.L.292, SEC.1. As amended by
P.L.280-1987, SEC.4; P.L.238-2005, SEC.16.
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Nearby Sections
15
§ 30-1-2-1
Stocks; bonds; securities§ 30-1-2-2
Securities not listed; terms§ 30-1-4-1
Eligible investments§ 30-1-5-1
Securities; insurance§ 30-1-6-3
Bidding; report; hearing; endorsement§ 30-1-6-5
Acts conclusive; disaffirmance denied§ 30-1-7-2
Petition to execute options; prospectus§ 30-1-7-3
Hearing; order of court§ 30-1-7-4
Binding and conclusive; disaffirmance§ 30-1-8-1
Definitions