Indiana § 28-11-1-15 Director's powers; state of emergency or governor's approval

Indiana Statutes

§ 28-11-1-15 — Director's powers; state of emergency or governor's approval

Indiana § 28-11-1-15

Art. 11DEPARTMENT OF FINANCIAL INSTITUTIONS

Ch. 1Establishment of the Department of Financial Institutions

This text of Indiana § 28-11-1-15 (Director's powers; state of emergency or governor's approval) 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 § 28-11-1-15 (2026).

Text

If the governor:

(1)declares, under IC 10-14-3-12, a state of emergency in all or part of Indiana; or

(2)in the absence of a declaration under subdivision (1), gives prior approval to the director; the director is authorized to take necessary and appropriate action to establish or preserve safe and sound methods of banking and other action the director considers necessary under the circumstances to promote and safeguard the interests of depositors, debtors, consumers, creditors, or the public.

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If the governor:
(1) declares, under IC 10-14-3-12, a state of emergency in all or
part of Indiana; or
(2) in the absence of a declaration under subdivision (1), gives
prior approval to the director;
the director is authorized to take necessary and appropriate action to
establish or preserve safe and sound methods of banking and other
action the director considers necessary under the circumstances to
promote and safeguard the interests of depositors, debtors, consumers,
creditors, or the public.