2020 Indiana Code
Title 29. Probate
Article 1. Probate Code
Chapter 13. Collection and Management of Assets
29-1-13-15. Deposit of Funds

Universal Citation: IN Code § 29-1-13-15 (2020)

Sec. 15. Whenever it is consistent with a proper administration of the estate, the personal representative may deposit, as a fiduciary, the funds of the estate in a bank in this state as a general deposit, either in a checking account or in a savings account. If the personal representative is a bank or trust company, it may make such deposit in its own bank.

Formerly: Acts 1953, c.112, s.1315.

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