Sec. 2. A nondepository trust company that is organized under the laws of Indiana after June 30, 1995, has only the powers granted to a corporate fiduciary organized after June 30, 1995. IC 28-14-3 Chapter 3. Powers and Duties 28-14-3-1 Scope of chapter 28-14-3-2 Corporate name 28-14-3-3 Articles of incorporation 28-14-3-4 Loans 28-14-3-5 Securities held by clearing corporation 28-14-3-6 United States government securities 28-14-3-7 Benefits; incentives; stock purchase programs 28-14-3-8 Subsidiaries 28-14-3-9 Investment and reinvestment of assets 28-14-3-10 Acting as fiscal or transfer agent 28-14-3-11 Acting as insurance producer for sale of annuity contract or life insurance policy 28-14-3-12 Appointment as commissioner for sale of real estate; guardian of minor or incapacitated persons; trustee, receiver, conservator, or committee of property or estate in insolvency or bankruptcy proceedings; depository of funds paid into court; other fiduciary capacities 28-14-3-13 Appointment as executor, testamentary trustee, or administrator; corporate successor to will nominee; co-fiduciary with natural person; bond or security 28-14-3-14 Appointment upon application or consent of person acting or entitled to serve as guardian, trustee, executor, or administrator 28-14-3-15 Trusts 28-14-3-16 Power to act in fiduciary capacity; acting as commissioner for sale of real estate without bond or security; administration of oaths 28-14-3-17 Pledge or deposit of assets prohibited 28-14-3-18 Receipt of property upon deposit for safekeeping or in escrow 28-14-3-19 Compensation for fiduciary services; counsel fees 28-14-3-20 Compensation or commission for loan negotiation or trust execution not considered interest or usury 28-14-3-21 Appointment by court having jurisdiction; power to renounce appointment 28-14-3-22 Nonresident fiduciaries; establishment of Indiana office; rights, privileges, and restrictions 28-14-3-23 Service as successor trustee 28-14-3-24 Credit union service organizations 28-14-3-25 Powers relating to common trust funds
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