Indiana Statutes

§ 33-44-7-14 — Total administrative costs; maximum

Indiana·Art. 44 INTEREST BEARING ATTORNEY TRUST·Ch. 7 Indiana Attorney Trust Account Fund
Total administrative costs, including payments to board members under IC 33-44-4-11 and IC 33-44-4-12, costs for employees under IC 33-44-8, and all other costs of managing and administering the fund and otherwise performing all responsibilities of the board, may not exceed fifteen percent (15%) of the amounts received into the fund from interest bearing attorney trust accounts. [Pre-2004 Recodification Citation: 33-20-7-14.]

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Legislative History

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

Nearby Sections

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