Real property held without use for more than ten years

Ind. Code § 28-14-4-4
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 4. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements