Ind. Code § 28-14-5-7

Current through P.L. 171-2024
Section 28-14-5-7 - Prohibition on purchases of stock of nonsubsidiaries

Except as otherwise authorized by this title, a corporate fiduciary may not purchase any share of stock of a corporation that is not a subsidiary of the corporate fiduciary.

IC 28-14-5-7

As added by P.L. 262-1995, SEC.90.