Indiana Code 23-15-12-1. Exceptions

Sec. 1. This chapter does not apply to:

(1) an entity that is regulated by:

Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. ^{Source: OCC}
National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5

(A) the office of the comptroller of the currency;

(B) the Federal Deposit Insurance Corporation;

(D) the Indiana department of financial institutions; or

(E) the National Credit Union Administration;

(2) an entity that is owned or controlled by a state chartered credit union or a federally chartered credit union;

(3) a corporation formed under IC 8-1-13;

(4) a cooperative corporation formed under IC 8-1-17;

(5) an association organized under IC 15-12-1;

(6) a mutual insurance company formed under IC 27 or the laws of another state;

(7) any state or federally organized financial institution that is mutually owned; or

(8) a nonprofit corporation organized as a mutual benefit corporation formed under IC 23-17.

As added by P.L.97-2017, SEC.3.