Ind. Admin. Code tit. 750, r. 10-1-4
Authority: IC 28-11-1-12
Affected: IC 28-11-3-5
Sec. 4. (a) Under IC 28-11-3-5, the schedule of fees for services rendered and the duties performed by the department in the administration of financial institutions for trust departments is as follows:
| IF THE AMOUNT OF TOTAL ASSETS IS: | THE FEE WILL BE: | |
|---|---|---|
| OVER | BUT NOT OVER | THIS ASSESSMENT |
| $ 0 | $ 2,000M | $ 800 |
| 2,001M | 5,000M | 1,500 |
| 5,001M | 10,000M | 2,000 |
| 10,001M | 20,000M | 3,000 |
| 20,001M | 30,000M | 4,000 |
| 30,001M | 40,000M | 5,000 |
| 40,001M | 50,000M | 6,000 |
| 50,001M | 100,000M | 8,500 |
| 100,001M | 500,000M | 11,000 |
| 500,001M | 1,000,000M | 21,000 |
| 1,000,001M | $21,000 plus $.0022 per thousand on trust assets over $1,000,000M | |
(b) For purposes of this section, "M" means multiply by one thousand (1,000).
(Department of Financial Institutions; 750 IAC 10-1-4; filed Mar 26, 2024, 11:00 a.m.: 20240424-IR-750230837FRA)