Indiana Code 33-44-6-2. Terms and conditions
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Terms Used In Indiana Code 33-44-6-2
- 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
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
Sec. 2. The terms and conditions of an interest bearing attorney trust account, except as required under this chapter, shall be determined by the depositor and the depository financial institution. A depository financial institution is not required to offer an interest bearing attorney trust account.
[Pre-2004 Recodification Citation: 33-20-6-2.]
As added by P.L.98-2004, SEC.23.