Indiana Statutes
§ 26-1-4-102.5 — Application of bank provisions to supervised financial organizations
Indiana § 26-1-4-102.5
JurisdictionIndiana
Title 26COMMERCIAL LAW
Art. 1UNIFORM COMMERCIAL CODE
Ch. 4Bank Deposits and Collections
This text of Indiana § 26-1-4-102.5 (Application of bank provisions to supervised financial organizations) 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 § 26-1-4-102.5 (2026).
Text
5.
(a)As used in this section, "supervised
financial organization" means a person, other than an insurance
company or other organization primarily engaged in an insurance
business, that is:
(1)organized, chartered, or holding an authorization certificate
under the laws of a state or of the United States that authorizes the
person to make loans and to receive deposits, including a savings,
share, certificate, or deposit account; and
(2)subject to supervision by an official or agency of a state or of
the United States.
(b)The provisions of IC 26-1-4 which apply to a bank apply equally
to any supervised financial organization which is authorized by state or
federal law to permit persons to make withdrawals or payments from
accounts by negotiable instruments.
As added by Acts 1981, P.L.231
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Nearby Sections
15
§ 26-1-1-0.3
Certain security interests considered perfected§ 26-1-1-0.5
Status of certain security interests; conditions; lapsing of perfection;
filing of financing statements§ 26-1-1-101
Short title; application§ 26-1-1-104
Construction against implicit repeal§ 26-1-1-105
Repealed§ 26-1-1-106
Remedies to be liberally administered§ 26-1-1-108
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Bluebook (online)
Indiana § 26-1-4-102.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/26-1-4-102.5.