Indiana Code 28-2-18-21. Powers of out-of-state bank; acquisition of branch
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Indiana Code 28-2-18-21
- acquisition of a branch: means the acquisition of a branch or branches located in a host state, without engaging in an interstate merger transaction (as defined in IC 28-2-17-15). See Indiana Code 28-2-18-3
- bank: has the meaning set forth in 12 U. See Indiana Code 28-2-18-4
- branch: has the meaning set forth in IC 28-2-13-7. See Indiana Code 28-2-18-7
Sec. 21. An out-of-state bank that meets the requirements of this chapter may establish and maintain a branch in Indiana through the acquisition of a branch.
As added by P.L.171-1996, SEC.37.