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2018 Indiana Code
TITLE 29. Probate
ARTICLE 1. PROBATE CODE
CHAPTER 11. Bond of Personal Representative
29-1-11-2. Deposit of money or assets; withdrawal
Universal Citation: IN Code § 29-1-11-2 (2018)
IC 29-1-11-2 Deposit of money or assets; withdrawal
Sec. 2. It shall be lawful for the personal representative to agree with his surety for the deposit of any or all money and other assets of the estate with a bank, safe deposit or trust company, authorized by law to do business as such, or other depository approved by the court, if such deposit is otherwise proper, in such manner as to prevent the withdrawal of such moneys or other assets without the written consent of the surety, or on order of the court made on such notice to the surety as the court may direct.
Formerly: Acts 1953, c.112, s.1102.
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