Indiana § 28-14-3-25 - Powers relating to common trust funds
Full text of Indiana Indiana Code § 28-14-3-25 — Powers relating to common trust funds, with citation guidance and answers to common questions.
§ 28-14-3-25. Powers relating to common trust funds
Sec. 25. For the purposes of IC 30-1-8, a corporate fiduciary has the same powers and authority as a bank.
As added by P.L.262-1995, SEC.90.
IC 28-14-4Chapter 4. Real Estate Powers of Corporate Fiduciaries
28-14-4-1Power to purchase or convey real estate necessary for convenient transaction of business 28-14-4-2Real property held without use for one year 28-14-4-3Real property held without use for more than three years 28-14-4-4Real property held without use for more than ten years 28-14-4-5Maximum limit of investment in real estate and buildings necessary for convenient transaction of business 28-14-4-6Investment in stock of corporation holding real estate and buildings used by corporate fiduciary
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 28-14-3-25
What does Indiana Code § 28-14-3-25 cover?
Section 28-14-3-25 ("Powers relating to common trust funds") 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 § 28-14-3-25?
A common citation format is "Indiana Code § 28-14-3-25" (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 § 28-14-3-25 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.