Indiana Statutes

§ 4-8.1-2-12 — Rental of safety deposit boxes or vaults; duties of depositories that accept securities

Indiana § 4-8.1-2-12
JurisdictionIndiana
Art. 8.1TREASURER OF STATE
Ch. 2The Treasurer of State

This text of Indiana § 4-8.1-2-12 (Rental of safety deposit boxes or vaults; duties of depositories that accept securities) 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 § 4-8.1-2-12 (2026).

Text

(a)The treasurer of state or the treasurer of state's agent may rent safety deposit boxes or vaults of one (1) or more banks or trust companies located in the state and keep in them securities in the treasurer of state's or agent's custody, or give the securities to a bank, trust company, or other depository to hold as custodian under IC 5-13.
(b)A bank, trust company, or other depository which accepts securities as custodian shall:
(1)clip coupons;
(2)surrender matured issues for collection; and
(3)receive the proceeds of all collections and remit them to the treasurer of state. As added by Acts 1979, P.L.22, SEC.1. Amended by P.L.19-1987, SEC.2; P.L.215-2016, SEC.62.

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Bluebook (online)
Indiana § 4-8.1-2-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-8.1-2-12.