Indiana Code 28-2-16-14. “Principal place of business” defined
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Terms Used In Indiana Code 28-2-16-14
- bank: means a financial institution:
Indiana Code 28-2-16-2
- bank holding company: means any company that controls one (1) or more banks. See Indiana Code 28-2-16-3
- company: means any corporation, limited liability company, partnership, joint-stock company, business trust, voting trust, joint venture, association, or similar organization that has been organized or reorganized under the laws of the United States, any state of the United States, or the District of Columbia. See Indiana Code 28-2-16-5
- deposits: has the meaning set forth in IC 28-2-14-8. See Indiana Code 28-2-16-8
Sec. 14. For the purposes of this chapter, the “principal place of business” of a bank holding company is the state in which the total deposits of the bank subsidiaries of the bank holding company are the largest.
As added by P.L.279-1987, SEC.9.