750 IAC 10-1-4 Fees for trust departments

Sec. 4. (a) Under IC 28-11-3-5, the schedule of fees for services rendered and the duties performed by the department in the administration of financial institutions for trust departments is as follows: IF THE AMOUNT OF TOTAL ASSETS IS: THE FEE WILL BE: OVER BUT NOT OVER THIS ASSESSMENT $ 0 $ 2,000M $ 800 2,001M 5,000M 1,500 5,001M 10,000M 2,000 10,001M 20,000M 3,000 20,001M 30,000M 4,000 30,001M 40,000M 5,000 40,001M 50,000M 6,000 50,001M 100,000M 8,500 100,001M 500,000M 11,000 500,001M 1,000,000M 21,000 1,000,001M $21,000 plus $.0022 per thousand on trust assets over $1,000,000M (b) For purposes of this section, "M" means multiply by one thousand (1,000).