Indiana Code 28-2-13-22.5. Temporary facilities on college or university premises
(b) The services that may be offered at a temporary facility established under this section include:
Terms Used In Indiana Code 28-2-13-22.5
- bank: has the meaning set forth in IC 28-2-17-3. See Indiana Code 28-2-13-5
- department: refers to the department of financial institutions created under IC 28-11-1-1. See Indiana Code 28-2-13-13
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- state bank: means a bank that has been organized or reorganized under Indiana law. See Indiana Code 28-2-13-18
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) the acceptance of deposits; and
(3) other services determined by the department.
(c) To establish a temporary facility under this section, a state bank is not required to submit an application to the department. However, before establishing a temporary facility under this section, a state bank must:
(1) obtain the written permission of the college or university for the establishment and operation of the facility on the premises of the college or university; and
(2) notify the department in writing of the intention of the state bank to establish the temporary facility.
(d) A written notice provided to the department under subsection (c)(2) must:
(1) be in the form; and
(2) contain the information;
prescribed by the department.
(e) A temporary facility operated by a state bank under this section:
(1) may be operated only:
(A) during registration periods of the college or university; and
(B) for an additional period that may not exceed seven (7) days during a calendar year; and
(2) must meet all other requirements of state law applying to state banks.
As added by P.L.262-1995, SEC.54.