Indiana Code 28-14-5-3. Underwriting or guarantee of issue of securities
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Sec. 3. A corporate fiduciary may not underwrite or guarantee all or any part of an issue of securities other than obligations issued or guaranteed by or on behalf of:
(2) a political subdivision of the state; or
(1) the state;
Terms Used In Indiana Code 28-14-5-3
- Fiduciary: A trustee, executor, or administrator.
(3) an agency or instrumentality of the state.
As added by P.L.262-1995, SEC.90.