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IC 28-1-11 – Powers of Banks and Trust Companies | Midpage
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Indiana Code
Title 28
1
Chapter 11
IC 28-1-11
Powers of Banks and Trust Companies
1
General and enumerated rights, privileges, and powers; "bank or trust company"
2
Fiscal or transfer agent; transportation agent; insurance producer or broker; attorney in fact
2.5
Sale of life insurance policy or annuity contract
2.6
Repealed
3
Repealed
3.1
Powers necessary and usual in carrying on banking business; enumerated powers; application of rules
3.2
Request to exercise rights and privileges granted to national bank; procedures; appeal
4
Investments; deposit of funds
5
Real estate
6
Appointment as fiduciary
7
Testamentary and probate fiduciary appointments
8
Appointment as successor guardian, trustee, executor, or administrator
9
Trust business
10
Service as fiduciary without bond; judicial control; requirement of security
11
Safe deposits and escrows
12
Federal reserve system and federal deposit insurance corporation membership; federal securities
12.5
Federal home loan bank; investments; membership; loans; transfer, assignment, and pledge of bonds, notes, contracts, mortgages, securities, and other property
13
Compensation for services
14
Community and economic development investments and other public welfare investments; limits; exposure to liability