Indiana § 28-11-5-3 Applications to establish financial institutions

Indiana Statutes

§ 28-11-5-3 — Applications to establish financial institutions

Indiana § 28-11-5-3

Art. 11DEPARTMENT OF FINANCIAL INSTITUTIONS

Ch. 5Department Oversight of Organization of a Financial

This text of Indiana § 28-11-5-3 (Applications to establish financial institutions) 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 § 28-11-5-3 (2026).

Text

(a)A request to establish a financial institution must be set forth in an application:

(1)prescribed by the department; and

(2)containing the information required by the department.

(b)Within twenty (20) business days after receiving an application under this section, the department shall:

(1)accept the application for processing;

(2)request additional information to complete the application; or

(3)return the application if it is incomplete.

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(a) A request to establish a financial institution
must be set forth in an application:
(1) prescribed by the department; and
(2) containing the information required by the department.
(b) Within twenty (20) business days after receiving an application
under this section, the department shall:
(1) accept the application for processing;
(2) request additional information to complete the application; or
(3) return the application if it is incomplete.