IC 28-14-4 – Real Estate Powers of Corporate Fiduciaries | Midpage

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Indiana Code

Chapter 4

IC 28-14-4

Real Estate Powers of Corporate Fiduciaries

1Power to purchase or convey real estate necessary for convenient transaction of business 2Real property held without use for one year 3Real property held without use for more than three years 4Real property held without use for more than ten years 5Maximum limit of investment in real estate and buildings necessary for convenient transaction of business 6Investment in stock of corporation holding real estate and buildings used by corporate fiduciary