Acting Under Court Appointment

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Sec. 17. A savings bank may act under court appointment as any of the following:

(1) Commissioner for the sale of real property.

(2) Guardian of the person or estate of an incapacitated person (as defined in IC 29-3-1-7.5), or in other instances where a guardian may be appointed.

(3) Trustee, receiver, conservator, or committee of the property or estate of a person or corporation in insolvency or bankruptcy proceedings.

(4) Depository of money paid into court, whether for the benefit of a person or corporation.

(5) In any other fiduciary capacity.

As added by P.L.42-1993, SEC.72.


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