Section 30-2-4-1 - Definitions(a) In this chapter unless the context or subject-matter otherwise requires: (1) "Bank" includes any person or association of persons, whether incorporated or not, carrying on the business of banking.(2) "Fiduciary" includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.(3) "Person" includes a corporation, limited liability company, partnership, or other association, or two (2) or more persons having a joint or common interest.(4) "Principal" includes any person to whom a fiduciary as such owes an obligation.(b) A thing is done "in good faith" within the meaning of this chapter, when it is in fact done honestly, whether it be done negligently or not.(Formerly: Acts 1927, c.17, s.1.) As amended by Acts1982 , P.L. 171, SEC.92; P.L. 8-1993, SEC.463.