Indiana Code 33-44-3-8. “Interest bearing attorney trust account”
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Sec. 8. “Interest bearing attorney trust account” means an account with a depository financial institution that is:
(2) interest bearing;
(1) unsegregated;
Terms Used In Indiana Code 33-44-3-8
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
(3) for the deposit of qualified funds by an attorney; and
(4) capable of being drawn upon by the depositor in the same manner as a checking account that is not interest bearing.
[Pre-2004 Recodification Citation: 33-20-3-8.]
As added by P.L.98-2004, SEC.23.