750 IAC 10-1-5 Fees for corporate fiduciaries

Sec. 5. (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 corporate fiduciaries is as follows: IF THE AMOUNT OF TRUST ASSETS IS: THE FEE WILL BE: OVER BUT NOT OVER THIS AMOUNT PLUS OF EXCESS OVER $ 0 $ 20,000M 5,150 20,001M 50,000M 5,150 0.1578 per thousand 20,000M 50,001M 100,000M 9,884 0.0922 per thousand 50,000M 100,001M 500,000M 14,494 0.0205 per thousand 100,000M 500,001M 1,000,000M 22,694 0.0102 per thousand 500,000M 1,000,001M 10,000,000M 27,794 0.0050 per thousand 1,000,000M 10,000,001M 20,000,000M 72,794 0.0035 per thousand 10,000,000M 20,000,001M 40,000,000M 107,794 0.0025 per thousand 20,000,000M 40,000,001M 157,794 0.0020 per thousand 40,000,000M (b) For purposes of this section, "M" means multiply by one thousand (1,000).