Sec. 25. For the purposes of IC 30-1-8 , a corporate fiduciary has the same powers and authority as a bank. IC 28-14-4 Chapter 4. Real Estate Powers of Corporate Fiduciaries 28-14-4-1 Power to purchase or convey real estate necessary for convenient transaction of business 28-14-4-2 Real property held without use for one year 28-14-4-3 Real property held without use for more than three years 28-14-4-4 Real property held without use for more than ten years 28-14-4-5 Maximum limit of investment in real estate and buildings necessary for convenient transaction of business 28-14-4-6 Investment in stock of corporation holding real estate and buildings used by corporate fiduciary
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.