Sec. 17. A corporate fiduciary shall not pledge or deposit any of its assets as a condition to the exercise of its powers as a fiduciary.
Ind. Code § 28-14-3-17
Pledge or deposit of assets prohibited
As added by P.L.262-1995, SEC.90.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.