Indiana Statutes

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

Indiana·Art. 44 INTEREST BEARING ATTORNEY TRUST·Ch. 5 Participation by Attorneys

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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Indiana § 33-44-5-8 (Good faith judgment concerning deposit of funds; attorney liability) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

Nearby Sections

15
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