Limitation on Actions Against Depository Financial Institution

  1. Law
  2. Indiana Code
  3. Courts and Court Officers
  4. Interest Bearing Attorney Trust Accounts
  5. Interest Bearing Attorney Trust Accounts
  6. Limitation on Actions Against Depository Financial Institution

Checkout our iOS App for a better way to browser and research.

Sec. 10. An entity may not maintain an action against a depository financial institution solely for:

(1) offering, opening, or maintaining an interest bearing attorney trust account;

(2) accepting funds for deposit in an interest bearing attorney trust account; or

(3) remitting interest to the board.

[Pre-2004 Recodification Citation: 33-20-6-10.]

As added by P.L.98-2004, SEC.23.


Download our app to see the most-to-date content.