Indiana § 23-6-4-21 Exemptions; securities registration; taxation; financial institutions
regulation

Indiana Statutes

§ 23-6-4-21 — Exemptions; securities registration; taxation; financial institutions regulation

Indiana § 23-6-4-21

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 6PUBLIC CORPORATIONS AND ASSOCIATIONS

Ch. 4Indiana Business Development Credit Corporation Law

This text of Indiana § 23-6-4-21 (Exemptions; securities registration; taxation; financial institutions regulation) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-6-4-21 (2026).

Text

(a)Any securities issued by a credit corporation are exempt from registration under, or compliance with, IC 23-19.

(b)Any tax exemptions, tax credits, or tax privileges granted to banks, savings and loan associations, trust companies, and other financial institutions by Indiana law are granted to a credit corporation.

(c)A credit corporation is exempt from regulation under, or compliance with, IC 28-1-1 through IC 28-1-23. However, the department of financial institutions shall conduct an annual examination of the credit corporation for the purpose of determining its financial condition.

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(a) Any securities issued by a credit
corporation are exempt from registration under, or compliance with, IC 23-19.
(b) Any tax exemptions, tax credits, or tax privileges granted to
banks, savings and loan associations, trust companies, and other
financial institutions by Indiana law are granted to a credit corporation.
(c) A credit corporation is exempt from regulation under, or
compliance with, IC 28-1-1 through IC 28-1-23. However, the
department of financial institutions shall conduct an annual
examination of the credit corporation for the purpose of determining its
financial condition.