# Ind. Code § 28-1-11-2: Fiscal or transfer agent; transportation agent; insurance producer or broker; attorney in fact

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-2

## Section

- **Citation:** Ind. Code § 28-1-11-2
- **Heading:** Fiscal or transfer agent; transportation agent; insurance producer or broker; attorney in fact
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 28 / Article 1 / Chapter 11 / Section 28-1-11-2

## Text

Sec. 2. Any bank or trust company shall have power to act as fiscal or transfer agent of the United States or of any state, municipality, body politic or corporation; and in such capacity to receive and disburse money; to transfer, register and countersign certificates of stock, bonds or other evidence of indebtedness; to authenticate and certify any such bonds and certificates of indebtedness; to act as agent to buy and sell domestic and foreign transportation; to solicit and write insurance as an insurance producer or broker for any insurance company authorized to do business in the state or states where the insurance producer or broker operates; and to act as attorney in fact or agent of any person or corporation, foreign or domestic, for any lawful purpose.

Formerly: Acts 1933, c.40, s.171. As amended by P.L.188-1997, SEC.3; P.L.63-2001, SEC.6 and P.L.134-2001, SEC.7; P.L.178-2003, SEC.89.

## Nearby sections

- [Ind. Code § 28-1-11-1 General and enumerated rights, privileges, and powers; "bank or trust company"](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-1.md)
- [Ind. Code § 28-1-11-2 Fiscal or transfer agent; transportation agent; insurance producer or broker; attorney in fact](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-2.md)
- [Ind. Code § 28-1-11-2.5 Sale of life insurance policy or annuity contract](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-2.5.md)
- [Ind. Code § 28-1-11-2.6 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-2.6.md)
- [Ind. Code § 28-1-11-3 Repealed](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-3.md)
- [Ind. Code § 28-1-11-3.1 Powers necessary and usual in carrying on banking business; enumerated powers; application of rules](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-3.1.md)
- [Ind. Code § 28-1-11-3.2 Request to exercise rights and privileges granted to national bank; procedures; appeal](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-3.2.md)
- [Ind. Code § 28-1-11-4 Investments; deposit of funds](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-4.md)
- [Ind. Code § 28-1-11-5 Real estate](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-5.md)
- [Ind. Code § 28-1-11-6 Appointment as fiduciary](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-6.md)
- [Ind. Code § 28-1-11-7 Testamentary and probate fiduciary appointments](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-7.md)
- [Ind. Code § 28-1-11-8 Appointment as successor guardian, trustee, executor, or administrator](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-8.md)
- [Ind. Code § 28-1-11-9 Trust business](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-9.md)
- [Ind. Code § 28-1-11-10 Service as fiduciary without bond; judicial control; requirement of security](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-10.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A1_C11_S28-1-11-2. Check the current official text before relying on it. Not legal advice.