33-44-7-7. Income received by board from remittance of interest not taxable to attorney or client

IN Code § 33-44-7-7 (2019) (N/A)
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Sec. 7. For purposes of Indiana law, income received by the board from the remittance of interest is not taxable to:

(1) the attorney maintaining the interest bearing attorney trust account; or

(2) the client whose funds are deposited in the interest bearing attorney trust account.

[Pre-2004 Recodification Citation: 33-20-7-7.]

As added by P.L.98-2004, SEC.23.