Good faith judgment concerning deposit of funds; attorney liability

Ind. Code § 33-44-5-8, under Participation by Attorneys.

Ind. Code § 33-44-5-8

Sec. 8. An attorney: (1) does not breach a fiduciary duty; (2) is not liable in damages; and (3) is not subject to disciplinary action; because of a deposit of money in an interest bearing attorney trust account if the attorney acted in accordance with a good faith judgment that the money constituted qualified funds. [Pre-2004 Recodification Citation: 33-20-5-8.] As added by P.L.98-2004, SEC.23.