Indiana § 28-1-3.1-15 Actions to enforce rights, demands, or claims vested in financial
institution, shareholders, or creditors

Indiana Statutes

§ 28-1-3.1-15 — Actions to enforce rights, demands, or claims vested in financial institution, shareholders, or creditors

Indiana § 28-1-3.1-15

Art. 1DEPARTMENT OF FINANCIAL INSTITUTIONS

Ch. 3.1Liquidation of Financial Institutions

This text of Indiana § 28-1-3.1-15 (Actions to enforce rights, demands, or claims vested in financial institution, shareholders, or creditors) 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 § 28-1-3.1-15 (2026).

Text

The receiver may, within ten (10) years after
any cause of action has accrued against any of the directors, trustees,
officers, owners, or employees of any closed financial institution,
institute and maintain, in the name of the receiver, any action or
proceeding for the enforcement of any right, demand, or claim that is
vested in the financial institution or in the shareholders or creditors of
the financial institution.

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The receiver may, within ten (10) years after
any cause of action has accrued against any of the directors, trustees,
officers, owners, or employees of any closed financial institution,
institute and maintain, in the name of the receiver, any action or
proceeding for the enforcement of any right, demand, or claim that is
vested in the financial institution or in the shareholders or creditors of
the financial institution.