Current through P.L. 171-2024
Section 30-2-13-19 - Common trust fund(a) A trustee may place trust money in a common or commingled trust fund under a single trust instrument.(b) A trustee shall maintain a separate accounting record for each seller who deposits funds in a trust.(c) Except for trusts established under IC 30-2-10, records maintained under this section do not need to be segregated on a purchaser by purchaser basis.As added by P.L. 200-1991, SEC.1.