IC 28-6.1-6-17 — Acting under court appointment
Chapter 6. General Powers of a Savings Bank
Section text
Sec. 17. A savings bank may act under court appointment as any of the following: (1) Commissioner for the sale of real property. (2) Guardian of the person or estate of an incapacitated person (as defined in IC 29-3-1-7.5), or in other instances where a guardian may be appointed. (3) Trustee, receiver, conservator, or committee of the property or estate of a person or corporation in insolvency or bankruptcy proceedings. (4) Depository of money paid into court, whether for the benefit of a person or corporation. (5) In any other fiduciary capacity.
As added by P.L.42-1993, SEC.72.
Source: official publisher (2026 edition)