§ 7

Ind. Code § 33-44-7-7

Income received by board from remittance of interest not taxable to attorney or client

As added by P.L.98-2004, SEC.23.

For purposes of Indiana law, income received by the board from the remittance of interest is not taxable to:

  1. (1) the attorney maintaining the interest bearing attorney trust account; or

  2. (2) the client whose funds are deposited in the interest bearing attorney trust account.

    [Pre-2004 Recodification Citation: 33-20-7-7.]

As added by P.L.98-2004, SEC.23.

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