Indiana Code 28-6.2-1-19. “Savings association” defined
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Sec. 19. (a) As used in this chapter, “savings association” means a savings association (as defined in 12 U.S.C. § 1813(3)(b)(1)) the deposits of which are insured by the FDIC.
(1) a federal savings association;
(b) The term includes:
Terms Used In Indiana Code 28-6.2-1-19
- FDIC: refers to the federal deposit insurance corporation. See Indiana Code 28-6.2-1-10
- savings association: means a savings association (as defined in 12 U. See Indiana Code 28-6.2-1-19
(2) a federal savings bank; and
(3) a savings association organized and operating under the laws of the state in which it is organized.
As added by P.L.122-1994, SEC.101. Amended by P.L.79-1998, SEC.78.