Sec. 6. Any bank or trust company may be appointed and act under the order of appointment of any court of competent jurisdiction as commissioner for the sale of real estate, guardian of the person and estate of persons under the age of eighteen (18) years, and incapacitated persons (as defined in IC 29-3-1-7.5), or as trustee, receiver, conservator, or committee of the property or estate of a person, corporation, or company, in insolvency or bankruptcy proceedings, or as depository of money paid into court, whether for the benefit of a person, regardless of age, corporation, or party, and in any other fiduciary capacity.
Formerly: Acts 1933, c.40, s.175; Acts 1973, P.L.280, SEC.3. As amended by P.L.33-1989, SEC.27.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 11. Powers of Banks and Trust Companies
28-1-11-1. General and Enumerated Rights, Privileges, and Powers; "Bank or Trust Company"
28-1-11-2.5. Sale of Life Insurance Policy or Annuity Contract
28-1-11-3.2. Request to Exercise Rights and Privileges Granted to National Bank; Procedures; Appeal
28-1-11-4. Investments; Deposit of Funds
28-1-11-6. Appointment as Fiduciary
28-1-11-7. Testamentary and Probate Fiduciary Appointments
28-1-11-8. Appointment as Successor Guardian, Trustee, Executor, or Administrator
28-1-11-10. Service as Fiduciary Without Bond; Judicial Control; Requirement of Security
28-1-11-11. Safe Deposits and Escrows