Sec. 7. A person who violates this chapter commits a Class B infraction. In addition, if the person is an officer of any bank or trust company, he is subject to removal from office in the manner prescribed in IC 28-11-4.
Formerly: Acts 1933, c.40, s.194; Acts 1937, c.33, s.27. As amended by Acts 1978, P.L.2, SEC.2807; P.L.33-1991, SEC.15.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 12. Regulation of Bank and Trust Company Fiduciaries
28-1-12-1. Authority to Serve as Fiduciary
28-1-12-2. Control by Court; Accounts, Statements, and Reports
28-1-12-4. Profit or Commission on Sales; Necessity of Specific Authorization; Surcharge