Indiana Statutes

§ 33-44-5-8 — Good faith judgment concerning deposit of funds; attorney liability

Indiana § 33-44-5-8
JurisdictionIndiana
Art. 44INTEREST BEARING ATTORNEY TRUST
Ch. 5Participation by Attorneys

This text of Indiana § 33-44-5-8 (Good faith judgment concerning deposit of funds; attorney liability) 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 § 33-44-5-8 (2026).

Text

An attorney:

(1)does not breach a fiduciary duty;
(2)is not liable in damages; and
(3)is not subject to disciplinary action; because of a deposit of money in an interest bearing attorney trust account if the attorney acted in accordance with a good faith judgment that the money constituted qualified funds. [Pre-2004 Recodification Citation: 33-20-5-8.]

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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 § 33-44-5-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/33-44-5-8.