Indiana Code 30-2-10-4. Trustee; expenses and compensation
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Terms Used In Indiana Code 30-2-10-4
- Trustee: A person or institution holding and administering property in trust.
Sec. 4. The trustee, in the administration of funds accepted under this chapter, may be reimbursed and receive from the funds its reasonable expenses in the custody and administration of the funds, and is entitled to the usual and reasonable compensation for its services as trustee. The expenses and compensation shall be paid in accordance with the rules of the department of financial institutions.
As added by Acts 1982, P.L.179, SEC.2.