Indiana Statutes

§ 33-44-3-10 — "Qualified funds"

Indiana § 33-44-3-10
JurisdictionIndiana
Art. 44INTEREST BEARING ATTORNEY TRUST
Ch. 3Definitions

This text of Indiana § 33-44-3-10 ("Qualified funds") 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 § 33-44-3-10 (2026).

Text

"Qualified funds" means money received by an attorney from a client or beneficial owner in a fiduciary capacity that, in the good faith judgment of the attorney, is:

(1)of such an amount; or
(2)reasonably expected to be held for such a short term; that sufficient interest income will not be generated to justify the expense of administering a segregated account. [Pre-2004 Recodification Citation: 33-20-3-10.]

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Legislative History

As added by P.L.98-2004, SEC.23.

Nearby Sections

15
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Bluebook (online)
Indiana § 33-44-3-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/33-44-3-10.