§ 28-6.1-11-1 Application of chapter
§ 28-6.1-11-2 Purchase, holding, and conveyance of real property
§ 28-6.1-11-3 Limitation on investments; investments in holding corporations

Terms Used In Indiana Code > Title 28 > Article 6.1 > Chapter 11 - Real Property Holdings by Savings Banks

  • 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.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.