Indiana § 30-1-4-1 - Eligible investments
Full text of Indiana Indiana Code § 30-1-4-1 — Eligible investments, with citation guidance and answers to common questions.
§ 30-1-4-1. Eligible investments
Sec. 1. (a) Obligations issued by or for the Inter-American Development Bank or the African Development Bank are declared to be eligible investments for all funds authorized by law to be invested by any and all of the following:
(1) Any financial institution (as defined in IC 28-1-1-3).
(2) Individual or corporate fiduciaries.
(3) Fraternal beneficiary societies (as defined in IC 27-11-1-11).
(b) Nothing in this section may be construed to change any limitations as to amounts which may be invested in obligations of any one (1) obligor as may be imposed by laws regulating the investments of the various financial institutions, industrial loan and investment companies, and trust funds.
Formerly: Acts 1963(ss), c.14, s.1. As amended by Acts 1982, P.L.171, SEC.87; P.L.49-1988, SEC.3.
IC 30-1-5Chapter 5. Other Investments by Fiduciaries
30-1-5-1Securities; insurance
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 30-1-4-1
What does Indiana Code § 30-1-4-1 cover?
Section 30-1-4-1 ("Eligible investments") 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 § 30-1-4-1?
A common citation format is "Indiana Code § 30-1-4-1" (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 § 30-1-4-1 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.