Sec. 7. As used in this chapter, “branch” means any office, agency, mobile unit, messenger service, or other place of business at which deposits are received, checks paid, or money lent. However, the term does not include:

(1) the principal office of a bank;

Terms Used In Indiana Code 28-2-13-7

  • affiliate: means , as to a bank controlled by one (1) or more bank holding companies, another bank, savings bank, or savings association controlled by the same bank holding company or bank holding companies. See Indiana Code 28-2-13-3
  • automated teller machine: means unmanned electronic or mechanical equipment that performs routine banking transactions for the public. See Indiana Code 28-2-13-4
  • bank: has the meaning set forth in IC 28-2-17-3. See Indiana Code 28-2-13-5
  • 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
(2) the principal office of an affiliate;

(3) a branch of an affiliate;

(4) an automated teller machine;

(5) a night depository;

(6) a temporary facility authorized in IC 28-2-13-22.5;

(7) a loan production office;

(8) a deposit production office; or

(9) other service delivery mechanisms not considered by the director to be a branch.

As added by P.L.265-1985, SEC.3. Amended by P.L.164-1988, SEC.4; P.L.14-1992, SEC.108; P.L.171-1996, SEC.32; P.L.35-2010, SEC.141.