Sec. 9. The remittance of interest by a depository financial institution to the board from an interest bearing attorney trust account is a valid and sufficient release and discharge of a claim by an entity against the depository financial institution for the remittance.
[Pre-2004 Recodification Citation: 33-20-6-9.]
As added by P.L.98-2004, SEC.23.
Structure Indiana Code
Title 33. Courts and Court Officers
Article 44. Interest Bearing Attorney Trust Accounts
Chapter 6. Interest Bearing Attorney Trust Accounts
33-44-6-2. Terms and Conditions
33-44-6-3. Interest Accrued by Account; Board Ownership of Beneficial Interest
33-44-6-4. Remittance of Interest Earned on Account
33-44-6-5. Remittance of Interest; Procedure
33-44-6-6. Statement of Depository Financial Institution Required Upon Remittance
33-44-6-7. Contents of Statement of Depository Financial Institution
33-44-6-8. Duty of Institution to Determine or Inquire Into Type of Funds Deposited
33-44-6-9. Release and Discharge of Depository Financial Institution
33-44-6-10. Limitation on Actions Against Depository Financial Institution
33-44-6-11. Confidentiality of Information Identifying Beneficial Owner of Account
33-44-6-12. Disclosure of Account Information by Board or Institution