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§ 28-14-3-20 — Indiana Law | CourtGPT
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  5. Article 14 - Corporate Fiduciaries/
  6. Chapter 3 - Powers and Duties28-14-3-1. Scope of Chapter/
  7. § 28-14-3-20
Indiana Legal Code

§ 28-14-3-20

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The compensation or commission paid or agreed to be paid for the negotiation of any loan or the execution of any trust by a corporate fiduciary is not interest within the meaning of any law of Indiana, and the excess of the compensation or commission over any rate of interest permitted by the laws of Indiana shall not be decreed or held to be usury in any court.As added by P.L.262-1995, SEC.90.