Sec. 5. A corporate fiduciary may purchase for its own account and sell:
(1) shares of investment companies, the portfolios of which consist solely of securities that are eligible for purchase and sale by national banking associations; and
(2) mortgage backed securities that are eligible for purchase and sale by national banking associations, only to the extent that a national banking association can purchase and sell mortgage backed securities.
As added by P.L.262-1995, SEC.90.
Structure Indiana Code
Title 28. Financial Institutions
Article 14. Corporate Fiduciaries
Chapter 5. Investments of Corporate Fiduciaries
28-14-5-1. "Total Equity Capital"
28-14-5-2. Limitations on Dealing in Investment Securities
28-14-5-3. Underwriting or Guarantee of Issue of Securities
28-14-5-4. Purchase for Own Account and Sale of Investment Securities
28-14-5-6. Deposit of Funds by Corporate Fiduciaries
28-14-5-7. Prohibition on Purchases of Stock of Nonsubsidiaries
28-14-5-8. Investment in Casualty Insurance Company