Indiana Code 28-2-13-23. Failure to comply; Class A infraction; violation of chapter; injunctions, costs, and fees; powers of department
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Terms Used In Indiana Code 28-2-13-23
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- bank: has the meaning set forth in IC 28-2-17-3. See Indiana Code 28-2-13-5
- bank holding company: means any company that has or acquires control over:
Indiana Code 28-2-13-6
- branch: means any office, agency, mobile unit, messenger service, or other place of business at which deposits are received, checks paid, or money lent. See Indiana Code 28-2-13-7
- company: means any corporation, limited liability company, partnership, joint-stock company, business trust, voting trust, joint venture, association, or similar organization, domestic or foreign. See Indiana Code 28-2-13-10
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- department: refers to the department of financial institutions created under IC 28-11-1-1. See Indiana Code 28-2-13-13
Sec. 23. A person who fails to comply with this chapter commits a Class A infraction. Any person, company, bank, or bank holding company that may be or has been injured by reason of any conduct that constitutes or will constitute a violation of this chapter by any bank may sue the bank to enjoin the conduct or for damages, together with the costs of suit, including reasonable attorney‘s fees. In addition to the powers of the department under IC 28-11-4, the department may sue to enjoin any conduct that constitutes or will constitute a violation of this chapter or to require divestiture of any bank acquired or branch established in violation of this chapter.
As added by P.L.265-1985, SEC.3. Amended by P.L.33-1991, SEC.27.