Sec. 8. Any bank or trust company shall have power to be appointed and to act under the order of appointment of any court of competent jurisdiction as guardian, trustee, executor or administrator, with or without the will annexed, on the application or consent of any person acting as such or entitled to such appointment and in the place and stead of such person, but such appointment shall be made upon such notice as is required by law to the persons interested in the estate or fund and on the consent of such of the principal beneficiaries or other persons interested in the estate or fund as the court or judge thereof making the appointment shall deem proper.
Formerly: Acts 1933, c.40, s.177.
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