Indiana § 36-2-10-19 - "Financial institution" defined; duties and responsibilities as tax collecting agents
Full text of Indiana Indiana Code § 36-2-10-19 — "Financial institution" defined; duties and responsibilities as tax collecting agents, with citation guidance and answers to common questions.
§ 36-2-10-19. "Financial institution" defined; duties and responsibilities as tax collecting agents
Sec. 19. (a) As used in this section, "financial institution" means any of the following:
(1) A bank, trust company, or mutual savings bank incorporated under Indiana law.
(2) A national banking association with its principal office in Indiana.
(3) A savings association operating under Indiana law.
(4) A federally chartered savings association with its principal office or a branch in Indiana.
(5) A federally chartered savings bank with its principal office or a branch in Indiana.
(6) A credit union chartered under Indiana law or United States law having its principal office in Indiana.
(b) The treasurer may designate one (1) or more financial institutions in the county as the treasurer's agent for collecting payments of taxes that are not delinquent.
(c) A designated financial institution may issue an official receipt of the treasurer for taxes the financial institution collects.
(d) A designated financial institution shall make a daily settlement with the treasurer for all taxes the financial institution collects.
(e) A designated financial institution is responsible for all taxes the financial institution collects.
(f) This section does not affect IC 5-13.
[Pre-Local Government Recodification Citations: 17-3-33.5-1; 17-3-33.5-2; 17-3-33.5-3; 17-3-33.5-4; 17-3-33.5-5.]
As added by Acts 1980, P.L.212, SEC.1. Amended by P.L.19-1987, SEC.48; P.L.140-1992, SEC.1; P.L.79-1998, SEC.106.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-2-10-19
What does Indiana Code § 36-2-10-19 cover?
Section 36-2-10-19 (""Financial institution" defined; duties and responsibilities as tax collecting agents") 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 § 36-2-10-19?
A common citation format is "Indiana Code § 36-2-10-19" (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 § 36-2-10-19 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.