Indiana Statutes
§ 30-2-4-6 — Check drawn by and payable to fiduciary
Indiana § 30-2-4-6
This text of Indiana § 30-2-4-6 (Check drawn by and payable to fiduciary) 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 § 30-2-4-6 (2026).
Text
If a check or other bill of exchange is drawn by
a fiduciary as such or in the name of his principal by a fiduciary
empowered to draw such instrument in the name of his principal,
payable to the fiduciary personally, or payable to a third person and by
him transferred to the fiduciary, and is thereafter transferred by the
fiduciary, whether in payment of a personal debt of the fiduciary or
otherwise, the transferee is not bound to inquire whether the fiduciary
is committing a breach of his obligation as fiduciary in transferring the
instrument, and is not chargeable with notice that the fiduciary is
committing a breach of his obligation as fiduciary unless he takes the
instrument with actual knowledge of such breach or with knowledge of
such facts that his action in taking the instrument a
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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
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Indiana § 30-2-4-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-2-4-6.