Indiana § 28-14-3-19 - Compensation for fiduciary services; counsel fees
Full text of Indiana Indiana Code § 28-14-3-19 — Compensation for fiduciary services; counsel fees, with citation guidance and answers to common questions.
§ 28-14-3-19. Compensation for fiduciary services; counsel fees
Sec. 19. (a) A corporate fiduciary has the power to demand and receive, for the faithful performance and discharge of services performed under the powers vested in the corporate fiduciary by this article:
(1) reasonable compensation, or compensation as fixed by agreement of the parties;
(2) all advances necessarily paid out and expended in the discharge and performance of its duties; and
(3) unless otherwise agreed upon, interest at the legal rate on the advances referred to in subdivision (2).
(b) The advances referred to in subsection (a) may include the compensation paid for the employment of legal services when necessary for the protection of a trust or other fiduciary relation.
As added by P.L.262-1995, SEC.90.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-14-3-19
What does Indiana Code § 28-14-3-19 cover?
Section 28-14-3-19 ("Compensation for fiduciary services; counsel fees") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 28-14-3-19?
A common citation format is "Indiana Code § 28-14-3-19" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 28-14-3-19 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.