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§ 28-14-4-4 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 28 - Financial Institutions/
  5. Article 14 - Corporate Fiduciaries/
  6. Chapter 4 - Real Estate Powers of Corporate Fiduciaries28-14-4-1. Power to Purchase or Convey Real Estate Necessary for Convenient Transaction of Business/
  7. § 28-14-4-4
Indiana Legal Code

§ 28-14-4-4

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Real property referred to in section 1(b)(3) of this chapter may not be held for more than ten (10) years without being used as a corporate fiduciary office or facility unless the director consents in writing to the continued holding of the real estate by the corporate fiduciary.As added by P.L.262-1995, SEC.90.