Statutes, codes, and regulations
Indiana Code
Title 28 - FINANCIAL INSTITUTIONSArticle 14 - CORPORATE FIDUCIARIES
Chapter 7 - REQUIREMENTS AND PROHIBITIONS APPLYING TO CORPORATE FIDUCIARIES
Section 28-14-7-1 - Prohibited transactions; investigatory and enforcement powers of department

Ind. Code § 28-14-7-1

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Current through P.L. 171-2024
Section 28-14-7-1 - Prohibited transactions; investigatory and enforcement powers of department
(a) A corporate fiduciary is prohibited from entering into any transaction that would be prohibited for a bank under IC 28-1-18.2.
(b) The department has the same:
(1) powers of investigation; and
(2) enforcement authority;

concerning corporate fiduciaries and their affiliates as the department has with respect to banks and their affiliates under IC 28-1-18.2.

IC 28-14-7-1

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