Sec. 5. As used in this chapter, “bank supervisory agency” means:

(1) any agency of another state with primary responsibility for organizing and supervising banks; and

Terms Used In Indiana Code 28-2-17-5

  • 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.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • state: means any of the following:

    Indiana Code 28-2-17-19

(2) the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and any successor to these agencies.

As added by P.L.171-1996, SEC.36. Amended by P.L.27-2012, SEC.79.