Indiana § 30-1-2-2 - Securities not listed; terms
Full text of Indiana Indiana Code § 30-1-2-2 — Securities not listed; terms, with citation guidance and answers to common questions.
§ 30-1-2-2. Securities not listed; terms
Sec. 2. Whenever any decedent's estate or any property subject to the control of any executor, administrator, or guardian, shall consist, in whole or in part, of securities of any corporation, public or private, which the fiduciary is required or authorized to sell and which are not listed or admitted to trade on one (1) of the exchanges enumerated in section 1 of this chapter, such securities may be sold by such fiduciary in the same manner and upon the same terms as other personal property of a decedent's estate or guardianship may be sold.
Formerly: Acts 1947, c.351, s.2. As amended by Acts 1982, P.L.171, SEC.86.
IC 30-1-3Chapter 3. RepealedRepealed by Acts 1971, P.L.416, SEC.8.
IC 30-1-4Chapter 4. Investments in Inter-American Development Bank Securities
30-1-4-1Eligible investments
Frequently Asked Questions About Indiana § 30-1-2-2
What does Indiana Code § 30-1-2-2 cover?
Section 30-1-2-2 ("Securities not listed; terms") 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 § 30-1-2-2?
A common citation format is "Indiana Code § 30-1-2-2" (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 § 30-1-2-2 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.