Indiana Code 28-2-17-3. “Bank” defined
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Sec. 3. (a) Except as provided in subsection (b), as used in this chapter, “bank” has the meaning set forth in 12 U.S.C. § 1813(h).
(c) The term “bank” includes any foreign bank organized or reorganized under the laws of a territory of the United States, Puerto Rico, Guam, American Samoa, or the Virgin Islands, the deposits of which are insured by the Federal Deposit Insurance Corporation.
(b) Except as provided in subsection (c), the term “bank” does not include any foreign bank (as defined in 12 U.S.C. § 3101(7)).
Terms Used In Indiana Code 28-2-17-3
- bank: has the meaning set forth in 12 U. See Indiana Code 28-2-17-3
- 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.
- 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
As added by P.L.171-1996, SEC.36.