§ 28-1-2-30 — "Financial institution"; confidential information; disclosure prohibited

Indiana § 28-1-2-30

• Jurisdiction: Indiana
• Art. 1: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 2: Powers and Duties of the Department

Text

Note: This version of section effective until 1-1-2026. See also
following version of this section, effective 1-1-2026.
Sec. 30. (a) As used in this section, "financial
institution" means any bank, trust company, corporate fiduciary,
savings association, credit union, savings bank, bank of discount and
deposit, or industrial loan and investment company organized or
reorganized under the laws of this state, and includes licensees and
registrants under IC 24-4.4, IC 24-4.5, IC 24-7, IC 24-12, IC 28-1-29,
IC 28-7-5, IC 28-8-4.1, IC 28-8-5, and 750 IAC 9.
(b) Except as otherwise provided, a member of the department or
the director or deputy, assistant, or any other person having access to
any such information may not disclose to any person, other than
officially to the department, by the report made to it, or to the board of
directors, partners, or owners, or in compliance with the order of a
court, the names of the depositors or shareholders in any financial
institution, or the amount of money on deposit in any financial
institution at any time in favor of any depositor, or any other
information concerning the affairs of any such financial institution.
Formerly: Acts 1933, c.40, s.32; Acts 1937, c.33, s.2; Acts
1939, c.102, s.1; Acts 1945, c.348, s.21; Acts 1967, c.260, s.4; Acts
1971, P.L.394, SEC.14. As amended by Acts 1978, P.L.2, SEC.2804;
P.L.17-1984, SEC.8; P.L.33-1991, SEC.8; P.L.136-2018, SEC.205;
P.L.29-2022, SEC.9; P.L.198-2023, SEC.2.