Ind. Code § 30-2-13-19

Current through P.L. 171-2024
Section 30-2-13-19 - Common trust fund
(a) A trustee may place trust money in a common or commingled trust fund under a single trust instrument.
(b) A trustee shall maintain a separate accounting record for each seller who deposits funds in a trust.
(c) Except for trusts established under IC 30-2-10, records maintained under this section do not need to be segregated on a purchaser by purchaser basis.

IC 30-2-13-19

As added by P.L. 200-1991, SEC.1.