Indiana Code 6-3-1-7. “Fiduciary”
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Terms Used In Indiana Code 6-3-1-7
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Trustee: A person or institution holding and administering property in trust.
Sec. 7. “Fiduciary” means any guardian, trustee, executor, administrator, receiver, conservator, or any person, whether individual or corporate, acting in any fiduciary capacity for any individual, trust, guardian, or estate.
Formerly: Acts 1963(ss), c.32, s.107. As amended by P.L.33-1989, SEC.4.