Taking, accepting, and executing trusts
Ind. Code § 28-6.1-6-20
in effectSec. 20. A savings bank may do any of the following:
(1) Take, accept, and execute a legal trust, duties, and powers in regard to:
(A) the holding, management, sale, or disposition of property; and
(B) the rents and profits from that property;
that are granted or confided to the savings bank by any authority.
(2) Take, accept, and execute a trust and any powers that may be conferred upon the savings bank by any authority.
(3) Generally execute legal trusts of every description.
As added by P.L.42-1993, SEC.72.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026