Indiana § 28-14-4-2 - Real property held without use for one year

Full text of Indiana Indiana Code § 28-14-4-2 — Real property held without use for one year, with citation guidance and answers to common questions.

§ 28-14-4-2. Real property held without use for one year

Sec. 2. (a) If real property referred to in section 1(b)(3) of this chapter is held for one (1) year without being used by the corporate fiduciary as an office or a facility, the board of directors of the corporate fiduciary shall state by resolution definite plans for the use of the real property.

(b) A resolution adopted under this section shall be made available for inspection by the department.

As added by P.L.262-1995, SEC.90.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 28-14-4-2

What does Indiana Code § 28-14-4-2 cover?

Section 28-14-4-2 ("Real property held without use for one year") 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 § 28-14-4-2?

A common citation format is "Indiana Code § 28-14-4-2" (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 § 28-14-4-2 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.