Ind. Code § 28-14-5-3
Underwriting or guarantee of issue of securities
As added by P.L.262-1995, SEC.90.
A corporate fiduciary may not underwrite or guarantee all or any part of an issue of securities other than obligations issued or guaranteed by or on behalf of:
- (1) the state;
- (2) a political subdivision of the state; or
- (3) an agency or instrumentality of the state.
As added by P.L.262-1995, SEC.90.