§ 28-1-23.5-8 — Activities authorized for national banks and federal credit unions

Indiana § 28-1-23.5-8

• Jurisdiction: Indiana
• Art. 1: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 23.5: Electronic Activity by Financial Institutions

Text

(a) A financial institution described in
section 1(1), 1(3), or 1(4) of this chapter may perform, provide, or
deliver through electronic means or facilities any activity, function,
product, or service that a national bank is specifically authorized to
perform, provide, or deliver under 12 CFR 7.5000 et seq.
(b) A financial institution described in section 1(2) of this chapter
may perform, provide, or deliver through electronic means or facilities
any activity, function, product, or service that a federal credit union is
specifically authorized to perform, provide, or deliver under Part 721
of the National Credit Union Administration's regulations (12 CFR
721.1 et seq.).

Legislative History

As added by P.L.10-2006, SEC.32 and P.L.57-2006, SEC.32.