Common trust fund

Ind. Code § 30-2-13-19
in effect
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Sec. 19. (a) A trustee may place trust money in a common or commingled trust fund under a single trust instrument. (b) A trustee shall maintain a separate accounting record for each seller who deposits funds in a trust. (c) Except for trusts established under IC 30-2-10, records maintained under this section do not need to be segregated on a purchaser by purchaser basis. As added by P.L.200-1991, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/30Fetched: 10/17/2026

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